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behavioral economics

2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement May 25, 2018 by Dan Ariely · across every show →

Everything said about behavioral economics, oldest first

May 25, 2018 negative
Insight
Standard economics only works for perfectly rational agents
“And then because of that standard economics continues in having recommendation that are really good for people who are perfectly rational. Whereas behavioral economics makes recommendations that are good for normal people.”
Dan Ariely May 25, 2018 ▶ 17:22 #33 Dan Ariely: The Truth About Lies
May 25, 2018 neutral
Disclosure
Ariely reads nonsense to students to demonstrate pluralistic ignorance
“I start the class By taking a paragraph from some post-modern literature, a text generator, something, you know, crazy that you don't understand what's going on... And I just read this for five minutes, and, you know, and it's the first class, it's first class…”
Dan Ariely May 25, 2018 ▶ 34:28 #33 Dan Ariely: The Truth About Lies
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