F&D Magazine / General macroeconomic programming, analysis and forecasting
Ulrike Malmendier on Behavioral Economics
In This Episode
Economists build models based on basic assumptions of human behavior. But people are complicated, right? Do Germans who grew up on opposite sides of the Berlin Wall make the same financial decisions today? Ulrike Malmendier is a behavioral economist whose innovative research has shown that experiential learning rewires the brain to make decisions based on past experiences. In this podcast, Malmendier and Journalist Rhoda Metcalfe discuss how behavioral economics is helping to build better economic models. Transcript
Read New Lessons from Behavioral Economics in the IMF's Finance and Development Magazine.
ULRIKE MALMENDIER is the Cora Jane Flood Professor of Finance at the Haas School of Business and a professor of economics at the University of California, Berkeley. She is a member of the German Council of Economic Experts.
