You Are Not So Smart cover image

309 - They Thought We Were Ridiculous - Andy Luttrell (rebroadcast)

You Are Not So Smart

CHAPTER

Foundations of Behavioral Economics

This chapter explores the historical significance of the Center for Advanced Study in the Behavioral Sciences (CASBS) and its influence on the development of behavioral economics. It highlights the collaborative efforts of renowned figures like Danny Kahneman and Richard Thaler, emphasizing their interactions that fostered groundbreaking ideas in understanding human behavior. Through personal anecdotes and discussions, the chapter reveals the inspiring environment that facilitated a shift in economic perspectives, merging psychology with economics.

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