Money Talks: What’s next for behavioural economics? Money Talks from The Economist
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- Business News
Five decades ago, the field of behavioural economics was just getting off the ground, as psychologists brought insights from their studies to the theory-heavy world of academic economics. The discipline shot to international fame in the aftermath of the financial crisis, and faced a major test during the covid pandemic, when governments around the world used the theories of its founding father, Daniel Kahneman, to encourage people to stay at home and get vaccinated. Following the death of Mr Kahneman last month, what’s next for the field of behavioural economics?
Hosts: Mike Bird, Alice Fulwood, and Tom Lee-Devlin. Guests: Simon Cox, The Economist’s China economics editor; George Loewenstein, one of the founders of behavioural economics; and Caltech’s Colin Camerer, who applies psychology and neuroscience to economics.
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Five decades ago, the field of behavioural economics was just getting off the ground, as psychologists brought insights from their studies to the theory-heavy world of academic economics. The discipline shot to international fame in the aftermath of the financial crisis, and faced a major test during the covid pandemic, when governments around the world used the theories of its founding father, Daniel Kahneman, to encourage people to stay at home and get vaccinated. Following the death of Mr Kahneman last month, what’s next for the field of behavioural economics?
Hosts: Mike Bird, Alice Fulwood, and Tom Lee-Devlin. Guests: Simon Cox, The Economist’s China economics editor; George Loewenstein, one of the founders of behavioural economics; and Caltech’s Colin Camerer, who applies psychology and neuroscience to economics.
Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks
Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+
For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.