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Business Weekly: Michael Lewis On How Behavioural Economics Changed The World

Intelligence Squared

CHAPTER

The Intersection of Moneyball and Behavioral Economics

This chapter examines the themes of 'Moneyball' to reveal how behavioral economics shapes the valuation of baseball players. It highlights the misconceptions regarding player worth tied to attractiveness and assesses the psychological biases impacting decision making. The narrative also reflects on the personal journeys of influential figures in behavioral economics, emphasizing the deep connections between their experiences and theoretical advancements in the field.

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