Alison Shcraeger

In this engaging conversation, economist Alison Schrager dives into the economics of risk, drawing from her unique experiences studying sex workers in Las Vegas. She explains how most people misunderstand probabilities and highlights the power of natural frequencies for better decision-making. Alison argues that past data can be misleading and discusses the emotional biases that affect our risk assessments. She also touches on career choices and how diverse experiences can lead to richer opportunities. Get ready to rethink how you approach uncertainty!