The Great Connections Seminar

The Great Connections Seminar
Discussing ethics
Showing posts with label behavioral economics. Show all posts
Showing posts with label behavioral economics. Show all posts

Monday, January 26, 2009

Are you controlled by irrational behavior?

See a fascinating lecture by behavioral economist Daniel Ariely from Duke University, on "irrational" behavior. (He means, irrational in the sense of economic self-interest maximizing; I know this a popular meaning among economists, but I'm not happy with it, which is why I've put it in quotes.)

To me, it's one long argument for teaching people how to have a higher level of awareness and thinking about everything they do.Check your premises!

(Hat tip to Anja Hartleb-Parson.)