4.6 • 907 Ratings
🗓️ 7 December 2025
⏱️ 53 minutes
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| 0:00.0 | Get a free bet when you bet five pounds every week of the Premier League season and a big boost every day. |
| 0:06.1 | That's satisfaction from Ladbrooks. |
| 0:08.0 | And for extra satisfaction, here's the D's D's &C's garage style. |
| 0:11.0 | 18 plus 1st of September to 24th of May. |
| 0:13.4 | Opting weekly. |
| 0:14.4 | Selected Premier League markets. |
| 0:17.2 | Match one free bet per week. |
| 0:18.8 | Values vary. |
| 0:22.6 | Restrictions in D&Cs apply. Daily arts boosts T&Cs on labbrooks.com. |
| 0:27.6 | Gamblingware.org. |
| 0:29.6 | So that shows sort of a blunt way that if you give people a complicated problem, they don't solve. |
| 0:36.6 | And giving people all the options isn't a good way to do it. It would be like going to a, back to the restaurant example, you wouldn't go to a restaurant where they give you a list of all of their ingredients, right? That would be horrible. No, you want the best dinner. And now the good fight with Yasha Monk. |
| 0:58.9 | The basic assumptions in the field of economics include the idea that people by and large behave rationally, |
| 1:05.3 | that they are selfish and profit maximizing in a way that is predictable based on those assumptions. But that, of course, |
| 1:12.0 | turns out to be wrong in many contexts. For example, if you are willing to spend $10 on some |
| 1:20.0 | coffee cup, once you own it, it may take $20 or $30 to persuade you to sell it on. That is only |
| 1:26.2 | one of many examples in which it turns out that we |
| 1:29.6 | behave rather differently from how economic theory predicts. So what does that mean for economics? |
| 1:35.3 | And what does that mean for public policy? What does that mean for how we should understand |
| 1:38.7 | the world and us human beings? This is the question that Richard Thaler has asked from the beginning of his academic |
| 1:46.3 | work. And Richard has really transformed the field of economics by creating behavioral economics |
| 1:53.9 | with a few famous collaborators like Daniel Kahnman. Richard today is the Richard R. |
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