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22 of The Best Podcast Episodes for Richard Thaler. A collection of podcasts episodes with or about Richard Thaler, often where they are interviewed.

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22 of The Best Podcast Episodes for Richard Thaler. A collection of podcasts episodes with or about Richard Thaler, often where they are interviewed.

Updated daily with the latest episodes

Episode 116: Behavioural science, Ripple, Nudge & Richard Thaler

The Business Community
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News, views and reviews from the world of business.

Heather Noble & Tracy Jones present The Business Community on Calon FM, Episode 116.

Find out more about this show, the presenters, Calon FM and previous episodes at www.thebusiness.community.

May 28 2020

47mins

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93: Nudge by Richard Thaler

Bookworm
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Whether it’s deciding what to eat for dinner or which investments to pick for our 401k, we humans have a track record of making poor choices. But is it really our fault? Today’s author argues that choice architecture is largely to blame, and explains how small nudges can help move us in a better direction. Join Joe & Mike as they consider why we make the choices we do – and how we can make better ones in the future.

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Mike's Rating: 3.5
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May 15 2020

1hr 37mins

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#49 - 92nd Street Y: Conversation with Richard Thaler

Malcolm Gladwell Interviews and Speeches
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Conversation with Richard Thaler

Mar 16 2020

1hr 4mins

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Richard Thaler: Nobel Prize Conversations

Nobel Prize Conversations
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Nudges, sludges, and the connection between stubbornness and success - in this first episode of Nobel Prize conversations, host Adam Smith interviews Economic Sciences laureate Richard Thaler. His work has helped us to understand how people make choices in the real world and has also given us tools to nudge people towards better decisions. 

See acast.com/privacy for privacy and opt-out information.

Jan 29 2020

33mins

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Love the Mug You’re With: With Guests Joel Platt, Sally Sadoff & Richard Thaler

Choiceology with Katy Milkman
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“For most things are differently valued by those who have them and by those who wish to get them; what belongs to us, and what we give away, always seems very precious to us.” –Aristotle

In this episode of Choiceology with Katy Milkman, we look at the peculiar ways people tend to value the things they own.

The episode begins with a tour of the Sports Immortals Museum. Owner and proprietor Joel Platt claims it’s the largest and most diverse assortment of sports mementos in the world. You’ll hear Joel tell some amazing stories behind a few of his most prized pieces—stories about Babe Ruth, Muhammad Ali, Honus Wagner, Jim Thorpe and Jack Dempsey. Joel spent decades collecting memorabilia, much of which he believes is priceless. But it turns out there’s a disconnect between Joel’s valuation and those of independent appraisers and potential buyers.

Katy explores this disconnect with Nobel Prize–winning economist Richard Thaler, who describes his inspiration to identify and measure the bias that can cause people to overvalue things they own. Richard Thaler is the co-author of Nudge: Improving Decisions About Health, Wealth, and Happiness.

Sally Sadoff of the Rady School of Management at UCSD joins Katy to discuss her research on performance bonuses for teachers. She explains how the effectiveness of these incentives can change dramatically depending on whether teachers are given the bonuses at the beginning of the school year or at the end. And it all has to do with how teachers perceive ownership of these bonuses.

Finally, Katy harkens back to the first episode of the season to explain some simple strategies to reduce the negative aspects of this bias.

Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast

If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.

Important Disclosures:

All expressions of opinion are subject to change without notice in reaction to shifting market conditions.

The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.

Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

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Feb 18 2019

36mins

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A Clean Slate: With Guests John Beshears, Richard Thaler & Ray Zahab

Choiceology with Katy Milkman
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For many people, the start of a new year is an occasion to re-examine their lives, to set new goals and to give up old habits. Making New Year’s resolutions is something of a social ritual, but we see similar behaviors around other significant dates, as well--such as birthdays and anniversaries and the changing of seasons. And while it can be argued that all of these dates are arbitrary, studies show that they can still give you a head start in achieving your goals.

In this episode of Choiceology with Katy Milkman, we examine the common but not always rational phenomenon whereby people divide their lives into chapters. We look at ways to leverage this phenomenon to make better choices.

The episode begins on a riverbank, with a religious rite symbolizing rebirth and renewal.

Next, we hear about Ray Zahab’s life changing New Year’s resolution. What began as a simple plan to live a healthier lifestyle ended up taking him on incredible adventures all around the world. Ray is the author of the book Running For My Life.

From Ray’s story of personal transformation around an auspicious date, we pivot to a related tendency for people to separate their money into mental accounts. Money, like time, is fungible--one dollar is as useful as any other dollar--and yet people often divide their money into different categories. Why?

Nobel laureate and best-selling author Richard Thaler explains the value of this cognitive bias and explores some of the peculiar behaviors people exhibit when they earmark their money for different purposes. And John Beshears of the Harvard Business School describes a study that exposes this bias in the way people perceive the value of grocery store coupons.

Finally, Katy Milkman offers additional tips on leveraging these temporal landmarks and personal budgets to help you stick with your resolutions.

Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast.

If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.

Important Disclosures:

All expressions of opinion are subject to change without notice in reaction to shifting market conditions.

The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.

Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

(0119-8C4W)

Jan 07 2019

32mins

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A Conversation with Cass Sunstein and Richard Thaler

UChicago Economics Events and Conversations
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Traditional economics assumes rational actors. In daily decision-making, however, we all make decisions influenced by our biases and beliefs, whether which car to buy or who to vote for at the polls. As a result, outcomes often deviate from the standards of rationality assumed by economics.

Combining discoveries in human psychology with a practical understanding of economics – including incentives and market behavior – Booth Professor Richard Thaler, recipient of the 2017 Nobel Prize in Economics, and Harvard Law School Professor Cass Sunstein, recipient of the 2018 Holberg Prize and former Administrator of the White House Office of Information & Regulatory Affairs, have revolutionized our understanding of how human behaviors can impact markets. Their work highlights opportunities to drive decision-making in a direction that improves outcomes for businesses, government, and society as a whole.

The Becker Friedman Institute for Economics welcomed Thaler and Sunstein, authors of the best-selling book "Nudge: Improving Decisions About Health, Wealth, and Happiness," for a discussion about the power of behavioral economics to affect decision-making. BFI Director Michael Greenstone, the Milton Friedman Professor of Economics, the Harris School and the College, moderated the discussion.

Nov 19 2018

1hr 4mins

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The Temptation of Now: With Guests Richard Thaler & Angela Duckworth

Choiceology with Katy Milkman
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Most of us would like to think we make decisions for our own good. Presented with the imaginary choice between a bag of salty, greasy potato chips and a healthy salad, you might opt, in principle, for the salad. But what happens when that bag of chips is freshly opened, sitting there right in front of you? Do you change your mind?

In this episode of Choiceology with Katy Milkman, we look at a bias that has an outsized influence on decisions you make in the here and now.

The show begins with an experiment that reveals how difficult it is to avoid the temptation of junk food—and how the power of that temptation is affected by time.

Then, you’ll hear the story of a man who spent his childhood in relative poverty but found himself wealthy beyond his dreams by the time he was a teenager. This unexpected windfall changed his life in an instant. But it ultimately became a painful lesson on the dangers of living only for the present.

You’ll hear from two heavyweights in the world of psychology and economics. Richard Thaler is a Nobel Prize–winning economist and co-author of Nudge: Improving Decisions About Health, Wealth, and Happiness. Thaler tells the story of how he came to discover and research this bias. Renowned psychologist Angela Duckworth explores some of the ways you can combat temptation and make better decisions for your future. She’s the author of the bestseller Grit: The Power of Passion and Perseverance.

Finally, Katy Milkman offers additional tips to help you avoid the pitfalls of this bias: with behavioral tools such as temptation bundling and commitment devices.

Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast

If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.

Important Disclosures:

All expressions of opinion are subject to change without notice in reaction to shifting market conditions.

Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

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Nov 12 2018

24mins

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Economist’s Journey to the Nobel with Richard Thaler

Big Brains
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Richard Thaler has been dubbed one of the "founding fathers" of behavioral economics, bridging the gap between psychology and economics, and in 2017 he received the Nobel Prize in Economic Sciences for his work. 

It has been a long and unusual journey for Thaler, who has made a career out of disrupting economic assumptions, as well as writing two best-selling books and appearing in the 2015 Oscar-nominated film "The Big Short."

On this episode of Big Brains, Thaler discusses how a bowl of cashews inspired his early research, how psychologists Daniel Kahneman and Amos Tversky influenced his career, and what it’s like to get (and miss) a 4 a.m. Nobel wake-up call from Sweden.  

Subscribe to Big Brains on Apple Podcasts, Stitcher, and learn more at news.uchicago.edu.

Jun 04 2018

44mins

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Misbehaving with Richard Thaler

Hidden Brain
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We don't always do what we're supposed to do. We don't save enough for retirement. We order dessert — even when we're supposed to be dieting. In other words, we misbehave. That's the title of Richard Thaler's most recent book: Misbehaving: The Making of Behavioral Economics. If you've read Thaler's previous book, Nudge, you know he's an economist who studies why people don't really act the way traditional economists say they will. Thaler recently won a Nobel Prize for his contributions to the field of behavioral economics — so we thought we'd celebrate by giving you this encore episode. It's still one of our favorites.

Oct 24 2017

26mins

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