ON WISDOM Podcast – Episode 24: Misbehavioral Economics: Selecting Irrationality
The On Knowledge podcast encompasses a social-cognitive scientist in Toronto and an educator in London discussing the newest empirical science relating to the character of knowledge. Igor Grossmann runs the Knowledge & Tradition Lab on the College of Waterloo in Canada. Charles Cassidy runs the Proof-Primarily based Knowledge mission in London, UK. The podcast thrives on a weight-reduction plan of freewheeling dialog on knowledge and decision-making, and contains common visitors spots with main behavioural scientists from the sphere of knowledge analysis and past. Welcome to The On Knowledge Podcast.
ABOUT THIS EPISODE
Are folks being affordable once they act irrationally?
Doesn’t rationality and reasonableness imply the identical factor?
Charles and Igor kick of the brand new decade by diving right into a messy mixture of behavioral economics, nudges, ethical philosophy and authorized research, to look at what requirements information folks’s choices. Charles asks Igor about core requirements that information folks once they attempt to make choice. Igor unpacks how the usual of a rational agent developed within the twentieth century and what implications it has had for contemporary economics and politics. Charles wonders if there are any affordable folks left on the Clapham omnibus in London. Igor discusses his new work assessing how most individuals outline rationality and reasonableness, exhibiting that irrational conduct could also be a consequence of specializing in reasonableness as a substitute.
Welcome to Episode 24.
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