Exploring the Concept of Nudging in Behavioral Economics

Professor, Mathematician and Writer John A. Paulos joins the show to discuss math education, the power of puzzles, cognitive biases, and MUCH more!

Important Links:

• John’s Website
• John’s Twitter

Show Notes:

• Why Do People Hate Math?
• The Power of Posing Problems with Counterintuitive or Shocking Results
• Using Everyday Examples to Understand Math Concepts
• Systems Designed to Take Advantage of Innumeracy
• People’s Ignorance of Randomness and Random Samples
• The Strange Power of Anchoring Bias
• Tradeoffs between Probability and Plausibility
• The Prisoner’s Dilemma & Math Anxiety
• Improving the Monty Hall Problem
• Designing an Ideal Intro Math Course
• The Big Brother Aspect of Nudging
• John as Emperor of the World
• MORE!

Books Mentioned:

• Innumeracy - Mathematical Illiteracy and Its Consequences; by J.A. Paulos
• A Mathematician Plays the Stock Market; by J.A. Paulos
• A Mathematician Reads the Newspaper; by J.A. Paulos
• Statistics; by D.A. Freedman, R. Pisani, and R.A. Purves
• Thinking Fast and Slow; by Daniel Kahneman