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Behavioral economics

Econ Extra Credit with David Brancaccio

Robots use game theory to understand how we think

by David Brancaccio and Rose Conlon
Apr 30, 2020
Robots are doing their part in this pandemic — and they're using behavioral economics.
Robots are helping hospital staff manage the influx of COVID-19 patients. Pictured: An Indonesian technician listens to a robot known as Amy during a simulation on assisting medical teams.
Adek Berry/AFP via Getty Images
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What Orson Welles and "War of the Worlds" taught us about economic panic

by David Brancaccio
Oct 31, 2018
About 80 years ago, a radio dramatization of an alien attack spread panic through the airwaves. That sense of fear can also manifest itself in the world of economics.
Orson Welles (1915 - 1985), American actor, producer, writer and director. In 1938 his radio production of H G Wells's "The War of the Worlds" caused panic.
Central Press/Getty Images
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What Orson Welles and "War of the Worlds" taught us about economic panic

by David Brancaccio
Oct 31, 2018
About 80 years ago, a radio dramatization of an alien attack spread panic through the airwaves. That sense of fear can also manifest itself in the world of economics.
Orson Welles (1915 - 1985), American actor, producer, writer and director. In 1938 his radio production of H G Wells's "The War of the Worlds" caused panic.
Central Press/Getty Images
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Richard Thaler wins Nobel for work in behavioral economics

by Marketplace Contributor
Oct 9, 2017
The Nobel committee said Thaler’s work shows how human traits affect individual decisions and market outcomes.
Nobel prize winner Richard Thaler.
Courtesy of the University of Chicago
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The psychology behind cheating

by Eliza Mills
Feb 6, 2015
Duke professor and dishonesty expert Dan Ariely explains why people cheat in business and in life.
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How we live money

by Carmen Wong Ulrich
Oct 29, 2013
Insight into why we do what we do with our money.
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Does the language you speak affect how much you save?

by Jeremy Hobson
Feb 15, 2013
An economics professor at Yale has found the way a speaker uses the future tense can affect their likelihood of saving.
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LAPD manhunt reward money: Could it pay off?

by Marketplace Contributor
Feb 11, 2013
The Los Angeles Police Department has offered a $1 million for information that leads to the capture of former police officer Christopher Dorner. But some critics say reward money doesn't always work.
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Weather Economy

How people behave after a crisis like Hurricane Sandy

by Tess Vigeland
Nov 2, 2012
Professor Dan Ariely discusses why there's an altruistic feeling following a crisis and what happens when everyone is going after a few limited resources.
People shop for bottled water at a supermarket in the Rockaway Beach neighborhood of the Queens borough of New York City.
Allison Joyce/Getty Images
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The psychology of poverty

by Marketplace Contributor
Oct 5, 2012
One Harvard professor says being poor not only impacts people financially, but mentally as well
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