Release date: October 14th, 2018

Jason Collins

In this episode, economist Jason Collins discusses some of the problems with behavioral economics: Why governments have started to rely too much on the field, and why that's bad; why it's suspicious that there are over 100 cognitive biases; when "nudges" are problematic; and more.

Links

Jason Collins' Blog

"MacArthur 'Genius' Angela Duckworth Responds To A New Critique Of Grit" by Anna Kamenetz

"Angela Duckworth on Grit" from Econtalk

"On the Reality of Cognitive Illusions" by Daniel Kahneman and Amos Tversky

"How to Make Cognitive Illusions Disappear: Beyond 'Heuristics and Biases'" by Gerd Gigerenzer

"On Narrow Norms and Vague Heuristics: A Reply to Kahneman and Tversky" by Gerd Gigerenzer

"Putting nudges in perspective" by George Loewenstein and Nick Chater

"Much Ado About Nudging" by Tony Hockley

"Do people really want to be nudged towards healthy lifestyles?" by Robert Sugden

"'Better Off, as Judged by Themselves': A Comment on Evaluating Nudges" by Cass R. Sunstein

"‘Better off, as judged by themselves’: a reply to Cass Sunstein" by Robert Sugden

"Nudging and the Problem of Context Dependent Preferences" by Jason Collins

"Overrepresentation of extreme events in decision making reflects rational use of cognitive resources." by Lieder, Falk,Griffiths, Thomas L.,Hsu, Ming

Edited by Brent Silk

Music by Miracles of Modern Science

Full Transcripts