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Richard Thaler's 'Misbehaving' reveals how human decisions are predictably irrational, challenging classical economic assumptions. This episode explores the core biases and cognitive shortcuts that shape our choices, offering a deeper understanding of our 'misbehavior' in financial and everyday contexts.
“Richard Thaler's 'Misbehaving' reveals how human decisions are predictably irrational, challenging classical economic assumptions. This episode explores the core biases and cognitive shortcuts that shape our choices, offering a deeper understanding of our 'misbehavior' in financial and everyday contexts.”
— Richard H. Thaler, Misbehaving: The Making of Behavioral Economics
behavioral economics, richard thaler, cognitive biases
Best suited to listeners who want a clearer working understanding of behavioral economics, richard thaler, cognitive biases and better judgment in how they apply it.
Richard H. Thaler brings a credible and useful lens to behavioral economics, richard thaler, cognitive biases, with enough subject command to make the book worth hearing.