Find something »

Tell your friends you like LongList


Rational Economics Vs Behavioral Economics

Audience Question: Where do you think reality falls between so-called rational economics and behavioral economics? --On the Bonus Show: Tax cuts don't lead ...

More like this...

,
Why do people buy the stuff they buy? In classical economics, most models assume that consumers behave rationally. As you've probably noticed in your real ...

More like this...

,
June 4 -- University of Chicago Booth School Professor Richard Thaler discusses the debate over behavioral and rational economics. He speaks on “Bloomberg ...

More like this...

,
Behavioural Economics - An introductory video covering behavioural economics. What is behavioural economics and how does behavioural economics clash ...

More like this...

,
Give yourself the gift of knowledge — subscribe to Big Think Edge: http://bit.ly/bigthinkedge If you're interested in licensing this or any other Big Think clip for ...

More like this...

,
Give yourself the gift of knowledge — subscribe to Big Think Edge: http://bit.ly/bigthinkedge If you're interested in licensing this or any other Big Think clip for ...

More like this...

,
Please watch: "The Blockchain Series: Episode 02 - Blockchain as Internet" https://www.youtube.com/watch?v=OTsokZS1Cvc And the whole series at ...

More like this...

,
There's a traditional idea in economics that people generally make rational decisions, but behavioural economics says that's not true. Dan Ariely, a leading ...

More like this...

,
What Is Behavioral Economics, and Where Are the Free Lunches?

More like this...

,
This video outlines the assumptions of economic rationality (and discusses how such assumptions are unreasonable if taken literally), as told to my students at ...

More like this...

,
Michelle Baddeley, author of Behavioural Economics: A Very Short Introduction, gives her top 10 things you should know about the science of behavioural ...

More like this...

,
Economist David Kreps argues that traditional economic models of “rational decision making” fail to capture the complexity of how real people make important ...

More like this...

,
Bounded rationality is the idea that the cognitive, decision-making capacity of humans cannot be fully rational because of a number of limits that we face.

More like this...

,
Based on my paper: Empirical Evidence Against Neoclassical Utility Theory: A Survey of the Literature. For full paper, see https://ssrn.com/abstract=2033641.

More like this...

,
You want to dive deep into the world of finance and management? Visit us: ...

More like this...

,
To understand behavior and choice, we need to borrow from not just cognitive science but also sociology. University of Warwick economist Robert Akerlof ...

More like this...

,
Richard Thaler is renowned for his extremely influential contributions to the emerging field of behavioral economics over the last three decades. He has made it ...

More like this...

,
BE BRIGHT: "Overcome your fear of making a mistake. Take a bold stance, an active role in big life situations. Calculate the risk, and take control!" In the spirit of ...

More like this...

,
This short revision video looks at the assumption of rationality in standard economic theory and also why behavioural economists challenge and question the ...

More like this...

,
A #GregChatsCash Throwback Get #MoneyWoke Join me now over @GregChatsCash #CashStronghold #GregGatesJr.

More like this...

,