AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
Radical Uncertainty - Mervyn King
The Joe Walker Podcast
The Role of Bias in Behavior
Behavioral economics is based on lots of artificial experiments with no genuine context against which to appraise behavior. Much of the behavior that's described as biased is in fact entirely rational and humans are so good at that how could it be that if we've identified you know well over a hundred biases that humans are susceptible to? I would not think it wise to hand the discussions about the future relationship between the United States and China in the China South China Sea to a computer they certainly can do mathematical calculations faster than humans can.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode