Episode 32 - Consumer Behavior

Episode 32 April 25, 2019 00:31:57
Episode 32 - Consumer Behavior
Free To Choose Media Podcast
Episode 32 - Consumer Behavior

Apr 25 2019 | 00:31:57

/

Show Notes

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.

Other Episodes

Episode 155

December 22, 2021 00:56:45
Episode Cover

Episode 155 – Free To Choose 1980 – How to Stay Free

Today’s podcast is “How to Stay Free,” volume ten of the ten-part public television series Free To Choose. Democracies have only recently been considered...

Listen

Episode 0

October 21, 2019 00:42:57
Episode Cover

Episode 55 - George P. Shultz Conversations: Robert Conquest

This 2006 conversation is the ninth of eleven conversations with former Secretary of State George P. Shultz and features former Stanford University Hoover Institution...

Listen

Episode 117

March 12, 2021 00:33:07
Episode Cover

Episode 117 – Learning and Memory

What role have fruit flies, snails and monkeys played in the study of learning and memory?  Listen in to Learning and Memory, originally recorded...

Listen