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Uploaded on Nov 1, 2010
"Behavioral Economics" Richard H. Thaler Ralph and Dorothy Keller Distinguished Service Professor of Behavioral Science & Economics Booth School of Business, University of Chicago
Conversations host Harry Kreisler welcomes Professor Richard H. Thaler for a discussion of behavioral economics. Professor Thaler discusses theory in economics, how observed human behavior points to anomalies that contradict what theory predicts will happen, and the implications of behavioral economics for public policy including its contribution to understanding the 2008 economic collapse and to shaping future regulation.