Audio Interview

Behavioral economics and business: revolution or reinforcing norms?

Published on July 3, 2024   38 min

A selection of talks on Finance, Accounting & Economics

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Interviewer: Today, I'm interviewing Dr. Antara Haldar, Associate Professor of Empirical Legal Studies at the University of Cambridge's Faculty of Law on her article of 2nd of June, 2023, published in Project Syndicate, titled "Revisiting the Behavioral Revolution in Economics." Listeners are expected to have read the article before listening to this interview. Dr. Haldar, thank you for sparing the time. Before we turn to the subject of your article, may I first ask what does an economist do in the faculty of law? I know that you have degrees in both law and economics. Are you in the law faculty as a lawyer, an economist, or both? Perhaps this is relevant, given that your article points out that the article by Jolls, Sunstein, and Thaler was titled "A Behavioral Approach to Law and Economics," and was published in the Stanford Law Review. Dr. Haldar. Dr. Haldar: Thanks, Neil. That's a really great question. What I'm hoping to do as an economist at a law faculty is something along the lines of what Daniel Goleman did as a psychologist. In economics, I hope it relates. He likes to say that he's never taken an economics course in his life, but I think he's more responsible for bringing the discipline as close to the cusp of a revolution as we've seen in a really long while. Jokes aside, the answer to your question is that I'm both, but it's actually not a novelty to have economists at law faculties,
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Behavioral economics and business: revolution or reinforcing norms?

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