Episode

Big Ideas - Full program podcast

ABC Radio National

Society & Culture, History

Big Ideas brings you the best of talks, forums, debates, and festivals held in Australia and around the world, casting light on the major social, cultural, scientific and political issues

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Insights into behavioural economics

November 25th, 2014

Episode 62 of 478 episodes

It’s the love child of economics and psychology – behavioural economics. It tries to explain people’s rational, or better irrational, behaviour when it comes to financial decision-making and consumption patterns. On Big Ideas, two experts outline the main lessons of behavioural economics and discuss the ways that it has affected policymaking in Australia. Could it be the key for better policies in the future?

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