21min chapter

The Joe Walker Podcast cover image

Nassim Taleb — Meditations on Extremistan

The Joe Walker Podcast

CHAPTER

Exploring Behavioral Economics and Decision-Making

This chapter examines the intersections of behavioral economics, empirical psychology, and their implications on understanding randomness. The speakers reflect on biases, heuristics, and their evolution of thought after engaging with influential figures in psychology, critiquing traditional economic models. Central themes include the complexities of rationality, decision-making under risk, and the contextual influences that shape human choices over time.

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