Robert J. Shiller on Behavioural Economics
Economists have in the past often treated human beings as ideally rational. But they aren't. In this episode of the Social Science Bitespodcast Robert J. Shiller discusses how behavioural economics, drawing on psychology and even neuroscience, is transforming the nature of the subject and giving a better picture of markets and how they operate. Social Science Bites is made in association with SAGE.