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Follow the Anomalies

Follow the Anomalies

Hidden Brain
48 min
16 Oct 23
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About the episode

As we move through our lives, we have to make decisions both big and small. Some are banal: What will I eat for breakfast today? Should I drive or bike to work? Others are more complicated: How much should I contribute to my 401k? What career should I pursue? Today on the show, behavioral economist Richard Thaler explains why our decision making is often far more nuanced than economic models would suggest.If you missed last week's show on how to keep yourself from getting conned, you can find it here: How to Spot a Scam.