Tag: Behavioural Economics

Trust Me, I’m an Economist

The New Bazaar | 13 January 2022 | 1h 06m | Listen Later | iTunes | Spotify
Interview with Ben Ho about his book Why Trust Matters: An Economist’s Guide to the Ties that Bind. Discusses the role of trust in economic interactions: how the way that contracts are written can determine whether trust is enhanced or eroded; situations where pre-nuptial contracts enhance trust; religion’s role in fostering the kind of trust that matters to the economy; why gossip is good for trust; and when we can trust economic policymakers.

The discussion in this podcast about how gift-giving creates vulnerability, in turn creating trust, was very insightful for one so long jaundiced about the merits of gift-giving.

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All You Need Is Nudge

Freakonomics Radio | 9 September 2021 | 0h 58m | Listen Later | iTunes | Spotify
Interview with Richard Thaler about his book Nudge: The Final Edition co-authored with Cass Sunstein). Discusses behavioural economics; how nudge theory held up in the face of a global financial meltdown, a pandemic, and other existential crises; and argues that nudging is more relevant today than ever.

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Daniel Kahneman on Behavioural Economics

Masters in Business | 14 May 2021 | 0h 54m | Listen Later
Interview with Daniel Kahneman about his book Noise: A Flaw in Human Judgment, coauthored with Olivier Sibony and Cass Sunstein. Defines noise as the variance in expert judgements, backgrounds examples of noise in many fields, argues that it is usually much greater than commonly perceived, and sets out remedies to improve decision-making by reducing noise and bias.

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Ben Cohen on the Hot Hand

EconTalk | 10 August 2020 | 1h 08m | Listen Later | iTunes
Interview with Ben Cohen about his book The Hot Hand: The Mystery and Science of Streaks. At times in sports and elsewhere in life, a person seems to be “on fire,” playing at an unusually high level. Is this real or an illusion? Cohen takes the listener through the scientific literature on this question and spreads a very wide net to look at the phenomenon of being in the zone outside of sports. Topics include Shakespeare, investing, Stephen Curry, and asylum judges.

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Thomas Gilovich on Human Behaviour

Masters in Business | 25 January 2018 | 1h 15m | Listen Later | iTunes
Interview with Thomas Gilovich discussing his work in social psychology, decision making, behavioural economics and happiness. Draws on ideas in How We Know What Isn’t So: The Fallibility of Human Reason in Everyday Life and the paper he co-authored with Amos Tversky on the “Hot Hand” in the NBA.

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People Aren’t Dumb. The World Is Hard

Freakonomics Radio | 20 December 2018 | 0h 57m | Listen Later  | iTunes
Good humoured interview with Richard Thaler about winning a Nobel Prize for showing that humans tend to make irrational decisions. Backgrounds behavioural economics. Describes his unlikely route to success; his reputation for being lazy; and his efforts to fix the world — one nudge at a time.

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What You See is a Function of the Question You’re Answering

EconTalk | 23 July 2018 | 1h 04m | Listen Later  | iTunes
Interview with Teppo Felin about perception, cognition, and rationality. Argues against the omniscient thinking that interprets cognitive errors as biases and irrationality. Discusses the implications of different understandings of rationality for economics, entrepreneurship, and innovation.

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