Humans are irrational beings. Choices differ from person to person, and even from lab experiments to the real world. So, with all that differentiation, how can economists expect to understand how market forces will impact the decisions that individuals make? It turns out that most individuals go about making decisions the same way, but the results of these decisions vary wildly. Understanding and predicting those priorities, though, is a different story. Find out why with Nobel economists Gary Becker and Ronal Coase in the latest episode of the Free To Choose Media Podcast, Consumer Behavior.
Today’s Free To Choose Media Podcast features the now late Dr. Norman Borlaug, Dr. Robert Chandler, Jr., and Dr. Nyle Brady, all of whom...
Today’s podcast is the discussion segment from “Who Protects the Worker?,” part of volume eight of the ten-part public television series Free To Choose....
Recorded in 2008, Dennis McCuistion, former Exec. Dir., Inst. for Excellence in Corporate Governance, UT Dallas, speaks with a panel of finance and banking...