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Business Daily: Are Humans Predictably Irrational?

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22/12/2016 GMT

Are Humans Predictably Irrational?

BBC World Service - Business Daily, Are Humans Predictably Irrational?

How our brains' cognitive biases affect everything from financial markets to basketball.

Our brains' cognitive biases affect everything from financial markets to basketball. Author Michael Lewis discusses irrationality research pioneers Kahneman and Tversky.

Our brains are prone to cognitive biases that affect everything from financial markets to basketball.

Presenter Ed Butler talks to author Michael Lewis about his new biography of the Israeli pioneers of research into irrational behaviour, Daniel Kahneman and Amos Tversky. Plus Wall Street fund manager and blogger Barry Ritholtz explains how he has built an investment philosophy around overcoming the common systematic errors of judgement that we all suffer from.

Also in the programme, Jane O'Brien on why the workoholics of Silicon Valley shouldn't be afraid to make a meal of things.

(Picture: Woman looks at a human brain on display in Bristol, UK; Credit: Matt Cardy/Getty Images)

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