Behavioural Economics: Closing the Gap Between Theory and Reality
Linking recent analysis in human psychology with a practical understanding of incentives and market behaviour, Professor Richard Thaler will discuss the flaws behind the traditional ‘rational actor’ assumption in economic theory and examine the profound effect of human miscalculation on markets and governments. In conversation with Lord O’Donnell, he will explore the implications of behavioural economic analysis for individuals, businesses and policy-makers.
LIVE STREAM: This event will be live streamed. The live stream will be made available at 18:00 BST on Monday 13 July.
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