Published Jan 12, 2016

Episode 16: Misbehaving

Join Shankar Vedantam and Richard Thaler as they delve into behavioral economics, exploring how real human behaviors challenge traditional economic theories through self-control studies and the intriguing concept of mental accounting, revealing practical insights into everyday financial decisions.

Episode Highlights

Topics covered

Popular Clips

Questions from this episode

Can we control behaviors like social media, video games, shopping, and fast food consumption in moderation?
Asked by 33 people

Episode Highlights

Related Episodes

Encore of Episode 16: Misbehaving
Answers 383 questions
Money 2.0: Why We Bust Our Budgets
Answers 383 questions
Money Talks
Answers 383 questions
Episode 31: Your Brain on Uber
Answers 383 questions
Mind Reading 2.0: Our Better Angels
Answers 383 questions
Money 2.0: Let's Go Shopping!
Answers 383 questions
Follow the Anomalies
Answers 383 questions
Episode 69: Money Talks
Answers 383 questions
Episode 14: Christmas
Answers 383 questions
Putting Our Assumptions to the Test
Answers 383 questions
Ep. 66: Liar, Liar
Answers 383 questions
Money 2.0: Rewrite Your Money Story
Answers 383 questions
Episode 19: Dating and Mating
Answers 383 questions
Rewrite Your Money Story
Answers 383 questions
You, But Better
Answers 383 questions

Dexa/Shankar Vedantam

Episode 16: Misbehaving

Topics covered

Popular Clips

The Work of Self-Control

Behavioral Economics Unveiled

Money and Mindset

Mental Accounting Insights

Mental Accounting Insights

Value of Experiences

Fun in Economics

Marshmallow Test Insights

Ulysses and Self-Control

Questions from this episode

Can we control behaviors like social media, video games, shopping, and fast food consumption in moderation?

Episode Highlights

Behavioral Economics

Self-Control Challenges

Mental Accounting

Related Episodes

Encore of Episode 16: Misbehaving

Money 2.0: Why We Bust Our Budgets

Money Talks

Episode 31: Your Brain on Uber

Mind Reading 2.0: Our Better Angels

Money 2.0: Let's Go Shopping!

Follow the Anomalies

Episode 69: Money Talks

Episode 14: Christmas

Putting Our Assumptions to the Test

Ep. 66: Liar, Liar

Money 2.0: Rewrite Your Money Story

Episode 19: Dating and Mating

Rewrite Your Money Story

You, But Better

Episode 16: Misbehaving

Topics covered

Popular Clips

Questions from this episode

Episode Highlights

Behavioral EconomicsRichard Thaler, a pioneer in behavioral economics, discusses the field's divergence from traditional economics and its focus on real human behavior. He shares insights into the development of behavioral economics and its practical applications in everyday life.

Behavioral Economics

Self-Control Challenges

Mental AccountingRichard Thaler explores the concept of mental accounting, illustrating how people categorize money in ways that defy traditional economic logic. He shares insights into how these mental frameworks influence everyday financial decisions and behaviors.

Mental Accounting

Related Episodes