Stories, science and secrets from the world’s brightest thought-leaders. Behavioral Grooves is the podcast that satisfies your curiosity of why we do what we do. Explanations of human behavior that will improve your relationships, your wellbeing, and your organization by helping you find your groove.
Episodes
Monday Feb 26, 2024
Monday Feb 26, 2024
For decades, neoclassical economists clung to the belief that humans are rational decision-makers, but a daring group of social scientists dared to question this notion. Join us as we explore their pioneering work, from the revolutionary concept of bounded rationality to the eye-opening Cab Driver Study. Through meticulous observations and rigorous analysis, these trailblazers shattered the status quo, ushering in a new era of economic thought.
Discover how real-world scenarios defied the rationality assumption, from the baffling fluctuations in stock market behavior to the surprising insights gleaned from everyday decision-making. As we unravel the complexities of economic behavior, we invite you to join us on a radical journey of discovery and transformation. Together, let's challenge traditional notions, advocate for a more nuanced understanding of human behavior, and pave the way for a brighter future in economics and beyond. This is more than just a podcast—it's a revolution.
Discover
- Are humans really rational decision makers?
- The radical concept of bounded rationality
- The surprising ways in which workers don’t optimize their earnings
- How the stock market defies pure rationality
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