Rationally Speaking #219 - Jason Collins on "A skeptical take on behavioral economics"
Rationally Speaking Podcast
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Distinction Between Behavioral Economics and Behavioral Science
The speakers discuss the difference between behavioral economics and behavioral science, exploring why one prefers the term 'behavioral science' and how 'behavioral economics' is used as a marketing term. They also delve into cognitive biases and flaws in neoclassical economics, and explore alternate models like prospect theory.
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