Thaler, Mullainathan, Kahneman on Behavioral Economics – An Edge Master Class
I suspect many of you, like me, were not aware that Richard Thaler, Daniel Kahneman, and Sendhil Mullainathan gave a short course in behavioral economics for Edge. The entire text is available online (see links below) along with video highlights of the talks.
…There’s new technology emerging from behavioral economics and we are just starting to make use of that. I thought the input of psychology into economics was finished but clearly it’s not! (Kahneman)
Class 1 LIBERTARIAN PATERNALISM: WHY IT IS IMPOSSIBLE NOT TO NUDGE (Thaler)
Class 2 IMPROVING CHOICES WITH MACHINE READABLE DISCLOSURE (Thaler & Mullainathan)
Class 3 THE PSYCHOLOGY OF SCARCITY (Mullainathan)
Class 4 TWO BIG THINGS HAPPENING IN PSYCHOLOGY TODAY (Kahneman)
Class 5 THE IRONY OF POVERTY (Mullainathan)