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Episode 7: Behind Economics and Finance: Prisoners’ Dilemmas and Payday Lenders [Audio]

LSE Review of Books

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Intro

This chapter explores the connection between opera and economic decision-making, highlighting how cultural narratives shape economic models. It examines the dynamics of self-interest and collaboration through concepts like the prisoner's dilemma, stressing the evolution of economic thought and the value of shared understanding in markets.

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