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 Mar 04, 2024
Monday Mar 04, 2024
Join Kurt and Tim as they exhale a collective sigh of relief and take a moment to reflect on the completion of their monumental project, "They Thought We Were Ridiculous" (available now! Wherever you listen to podcasts).
In this captivating conversation, Kurt and Tim delve into the wealth of insights they've gleaned from their immersive and unexpectedly prolonged journey into the annals of behavioral economics history. From navigating the intricacies of managing a side project within a side project to riding the tumultuous waves of multi-party collaboration, they candidly explore the peaks and valleys of their remarkable experience.
But true to the essence of "Behavioral Grooves," Kurt and Tim infuse a touch of scientific rigor into their reflections. They dissect the hurdles they encountered, drawing upon their knowledge of behavioral science and human tendencies to dissect how these factors both aided and hindered them along the way. After all, they know all too well that the planning fallacy isn't just a catchy term—it's a very real phenomenon!
As you unwind with Kurt and Tim, they invite you to peer behind the curtain at the making of "They Thought We Were Ridiculous," offering invaluable insights gleaned from their journey. Whether you're embarking on your own side project, contemplating the launch of one, or find yourself mired in the midst of one, let Kurt and Tim be your trusted guides, imparting thoughtful wisdom and sharing their firsthand experiences every step of the way.
Whole Series Available Now!
Episode 2: Importing Psychology
Episode 3: Children of Unlikely Parents
Monday Feb 26, 2024
Monday Feb 26, 2024
Exploring the future of Behavioral Economics, we talked to three young researchers who are pushing the field further. A new generation of researchers is striving to understand decision-making in the developing world, how brains process economic decisions, and how bigger, more transparent scientific methods can shed light on basic principles of choice.
However, the journey toward new discoveries is not without its challenges. Behavioral Economics faces an identity crisis amid shifting perspectives, prompting a reevaluation of its approaches. Discover how this introspection may catalyze a more pragmatic ethos within the field, prioritizing real-world impact over theoretical abstraction. Join us as we navigate this nuanced landscape, engaging with the innovative minds shaping the future of behavioral economics with a blend of boldness, innovation, and pragmatism.
Discover
- How behavioral economics is revolutionizing farming in developing nations
- Discover groundbreaking revelations about the decision-making process
- Why there needs to be shift towards transparency in scientific practices to ensure a brighter future
- The new collaboration between Behavioral Economists and tech innovators and what it means for the future
Monday Feb 26, 2024
Monday Feb 26, 2024
Eventually, Behavioral Economics emerged as an influential perspective. It’s become mainstream in Economics, and it’s helped inform programs and policies that affect real people every day. But where do we see this impact? Explore the pervasive influence of Behavioral Economics in our everyday lives and beyond, from shaping individual decision-making to informing government policy design. Witness the ongoing evolution of this once radical field as it continues to inspire innovation and shape policies for better societal outcomes.
Discover
- Explore how behavioral economics conquered economics’ stronghold
- Discover how psychology integration sparks innovative retirement savings solutions
- Uncover the UK and US government’s bold ventures into science-driven policy making
- Witness the global expanison of behvioral insights teams and their impact on addressing complex societal challenges
Monday Feb 26, 2024
Monday Feb 26, 2024
Behavioral Economics was using psychology to understand economics, but what did economists and psychologists think about their unexpected marriage? Slowly, this fledgling field weathered a flurry of criticism from both sides as it doggedly held onto data-driven ideas about economic decision-making. This tension epitomized a broader struggle within Behavioral Economics, which aimed to harmonize insights from both disciplines while challenging traditional economic paradigms.
Embark on a journey that wasn't always smooth sailing. Unearth the fundamental clash between economists and psychologists, revealing their contrasting views on empirical evidence and theory. From contentious debates over ownership to deliberations on what to name it, the path to integrating these fields was filled with unforeseen twists, turns, and triumphs.
Discover
- Economists push back to new behavioral approaches
- How psychologists fought for a seat at the table
- Where did the name “behavioral economics” come from?
- The benefits we gain from integrating disciplines and perspectives
Monday Feb 26, 2024
Monday Feb 26, 2024
The notion of merging psychology with economics initially faced staunch skepticism, with errors perceived as random rather than systematic. However, everything changed when psychologists Daniel Kahneman and Amos Tversky joined forces, armed with groundbreaking ideas about human decision-making. Their meticulous research not only introduced a fresh perspective on understanding people’s choices but also ignited the flames of Behavioral Economics. Through collaboration with other influential figures in the field, including Richard Thaler, their work spearheaded a transformative movement that challenged conventional economic assumptions, propelled novel ideas forward, and seamlessly integrated psychological theories into economic theory and practice.
Discover
- Are errors random or systematic? The challenges of merging psychology with economics
- Why we rely on quick mental shortcuts in decision-making
- How a single question can short-circuit the rational mind
- The importance of marrying psychology and economics for understanding our behaviors
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
Sunday Feb 18, 2024
Sunday Feb 18, 2024
Feeling indecisive? Ever wondered what it takes to master the art of decision-making? Join us on a thrilling journey with Elspeth Kirkman, the brilliant mind behind the groundbreaking book 'Decision Scape: The Art of Getting Perspective.'
In this episode, Kurt and Tim dive deep into the captivating world of decision-making as Kirkman takes us on an adventure through the intricacies of perspective. What if decision-making was more than just a process – what if it was an art form? Prepare to be captivated as we explore the four pillars of perspective – distance, viewpoint, composition, and frame – and uncover their essential role in navigating life's choices.
Buckle up and get ready to challenge your perceptions as we delve into the profound influence of language, culture, and even the power of voice in shaping our decisions. Are you ready to embrace multiple perspectives and unlock the secrets to making informed choices? Kirkman's insights offer a fresh and dynamic approach to decision-making, empowering listeners to navigate life's complexities with newfound clarity and introspection. So, what are you waiting for? Make the right decision and tune in!
And don’t forget to stay tuned to Behavioral Grooves for exciting upcoming announcements! Like, share, and follow us on social media for more exciting updates on our new, limited series They Thought We Were Ridiculous coming out later in February!
© 2024 Behavioral Grooves
Topics
(0:50) Important Behavioral Grooves announcement!
(6:17) Introduction and speed round
(12:19) The relationship between decision-making and art
(18:38) The importance of perspective
(26:31) Language’s impact on decision-making
(36:26) Taboo words, culture, and anxiety
(43:52) Music preferences and writing habits
(50:05) Grooving Session: Decision-making and creativity
(1:15:19) “Another Orion” by Tim Houlihan
© 2024 Behavioral Grooves
Links
Decision Scape: The Art of Getting Perspective by Elspeth Kirkman
The Statue of David by Michelangelo
Behave by Robert Sapolsky
"They Thought We Were Ridiculous": Five-part series on the history of behavioral economics - Coming Soon!
Music Links
Tim Houlihan "Another Orion"
Smashing Pumpkins "1979"
Lucinda Williams "Can't Let Go"
Thursday Feb 15, 2024
Thursday Feb 15, 2024
Anticipation mounts as the countdown begins! Prepare to immerse yourself in the riveting saga of They Thought We Were Ridiculous, set to premiere and stream on your Behavioral Grooves feed come February 26th!
Two great podcasts. Three years of recording and research. Interviews with the Nobel Laureates, esteemed professors, and policymakers at the heart of a movement. It all combines to tell the unlikely story of how a group of tenacious thinkers pushed back against tradition and built ideas with impact.
Across this five-part series, we highlight the remarkable evolution of behavioral economics. From a group of rogue psychologists and economists who were openly ridiculed at conferences to a vital voice in government policy and corporate governance. Behavioral economists shape the way decisions are made. After they entered the fray, economic theory would never be the same.
Join Kurt, Tim, and Andy as we celebrate the culmination of three years of relentless dedication, unveiling a meticulously crafted five-part series that promises to captivate and inspire. Mark your calendars for February 26th, when this transformative saga will unfold in its entirety. Don't forget to subscribe, tune in, and engage with us as we delve into the riveting world of behavioral economics. Together, let's embark on this extraordinary journey!
Links
They Thought We Were Ridiculous Website
LinkedIn: Behavioral Grooves
Instagram: @behavioralgrooves
Facebook: Behavioral Grooves
Twitter: @behavioralgroov
Monday Feb 12, 2024
Monday Feb 12, 2024
Could a simple question be the key to unlocking deeper, more meaningful relationships?
Join Kurt and Tim on a special Valentine's Day episode of their podcast as they explore the transformative potential of simple questions in relationships with Topaz Adizes. Author of "12 Questions for Love" and founder of the innovative project {THE AND}, Topaz shares insights into creating intimate spaces for conversations and mastering non-judgmental listening.
Together, they delve into the profound impact of well-constructed questions, emphasizing their role in promoting personal growth and deeper connections. Drawing from rich experiences observing human behavior, Topaz offers invaluable advice on deep listening and reframing questions for meaningful dialogue. Whether you're coupled up or flying solo, tune in to discover practical strategies for fostering more fulfilling relationships and cultivating genuine connections in every aspect of life.
© 2024 Behavioral Grooves
Topics
(0:00) St. Valentine’s Day and special announcements
(6:21) Introduction and speed round
(10:47) Creating space for relationship exploration
(15:59) Reframing questions for personal growth
(23:15) Deep listening and connection in relationships
(35:13) Asking powerful questions to improve relationships
(39:31) The power of deep conversations
(47:29) Deepening relationships through emotional articulation
(59:09) Grooving on relationships and communication
© 2024 Behavioral Grooves
Links
https://www.youtube.com/channel/UC-_lLdOVYCxsxHMzUsVYsXg
Collins, Hanne K, et al. “When Listening Is Spoken.” Current Opinion in Psychology, Elsevier
Musical Links
Sunday Feb 04, 2024
Sunday Feb 04, 2024
Ever wonder how to boost your retirement savings? Could the subtle art of behavioral economics hold the answer? Join Tim in this solo-sode as he explores this with guest John Beshears. Uncover the impact of automatic enrollment on participation rates and the potential downside of increased debt. Beshears' research reveals unique strategies, like framing savings as "fresh starts." Maximize your savings and delve into the evolution of behavioral economics with Tim and John in this weeks captivating episode.
© 2024 Behavioral Grooves
Topics
(7:43) Introduction and Speed Round
(12:23) The Impact of Auto-Enrollment on Retirement Savings
(16:41) The Psychology Behind Financial Decision Making
(22:31) Automatic Enrollment, Savings, and Employee Debt
(33:48) Long Term Effects
(37:37) Reframing Savings and “Fresh Starts”
(46:04) Jazz Music and Productivity
(52:35) Grooving Session: Behavioral Science and Retirement Savings
© 2024 Behavioral Grooves
Links
Automatic Enrollment and Financial Stress
Fresh Start Approach to Savings
Behavioral Economics in Action Conference
Musical Links
Charlie Parker at Massey Hall
Mose Allison "Everybody Cryin' Mercy"
Lightnin' Hopkins "What Kind of Woman is This?"
Phillip Glass "Opening"