Richard Thaler on Behavioral Economics: Past, Present, and Future

Richard H. Thaler
The University of Chicago, 2018
Niveau: débutant
Perspective: Économie comportementale
Sujet: Microéconomie & marchés, Réflexion sur l'économie
Format: Lecture / Presentation
Durée: 1:19:47
Lien: https://www.youtube.com/watch?v=A1M9VSgsSW4

Richard Thaler gives a lecture in the 2018 Nora and Edward Ryerson Lecture at the University of Chicago. In the lecture he discusses his Nobel Prize winning research. The lectures covers introductory concepts of behavioral economics, with quotes by Adam Smith, Keynes and others. Although economcs is all about behaviour, behavioural economics challenges and expands the simplicistic assumptions of neoclassical economics by applying concepts of psychology. Further discussion takes place on the possibility of optimization, impulse control, self-restraint. Next, he talks about the assumptions of intelligence and how people make mistakes and that these mistakes are predictable. He goes on to talk about human decisions in real life and in experiments, human cooperation, saving for retirement and mutual funds.


Comment from our editors:

This is a good lecture delivered with a tincture of fun. Engaging and useful for people new to the concept of Behavioral Economics. I would suggest to watch at 1.25x or 1.5x speed on YouTube to save some time.

Go to: Richard Thaler on Behavioral Economics: Past, Present, and Future

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Ce projet est le fruit du travail des membres du réseau international pour le pluralisme en économie, dans la sphère germanophone (Netzwerk Plurale Ökonomik e.V.) et dans la sphère francophone (Rethinking Economics Switzerland / Rethinking Economics Belgium / PEPS-Économie France). Nous sommes fortement attachés à notre indépendance et à notre diversité et vos dons permettent de le rester ! 

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