Home / Series / Peoples and Cultures of the World / Aired Order / Season 1 / Episode 20

Is Economics Rational?

Economics is a science that rests on important assumptions about rationality. Recent findings from experimental and behavioral economics, especially the "prisoner's dilemma" and "ultimatum games," show how cultural notions of equitability often trump rational self-interests.

English
  • Runtime 30 minutes
  • Production Company The Great Courses
  • Created December 23, 2023 by
    Mandarin7584
  • Modified December 23, 2023 by
    Mandarin7584