Hundreds joined us live for this event—now the recording is available!
BCFG Co-Directors Angela Duckworth and Katy Milkman hosted economics Nobel Laureate Richard Thaler and his co-author Alex Imas at Penn for a lively conversation about their new book, The Winner’s Curse: Behavioral Economics Anomalies, Then and Now.
Highlights include discussions of…
The origin of behavioral economics and why Richard started writing about “anomalies”.
Why even experts make predictable mistakes, from CEOs to pro athletes.
The Winner’s Curse, or why the “winning” bid is often a losing deal.
Why we pay for gym memberships we don’t use and what that reveals about self-control.
What’s next for behavioral science, as economists and psychologists unite to better understand decision-making.
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