Past eventMembers

Behavioural Economics: Closing the Gap Between Theory and Reality

13 July 2015 - 6:00pm to 7:00pm

Chatham House, London


Professor Richard H Thaler, Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics; Author, Misbehaving: The Making of Behavioural Economics
Chair: Lord Gus O'Donnell, Cabinet Secretary (2005-11); Senior Adviser, Frontier Economics



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.

ASK A QUESTION: We will endeavour to ensure that questions are put to the speaker from our online audience as well as from the audience in the auditorium. Questions can be sent in advance via email to [email protected] and during the event on Twitter using #CHEvents.