• Ideas

How Can You Avoid Thinking Like the Herd?

The theories of behavioral economics inform how businesses, and individuals, can try to avoid the irrational responses that mislead even the best among us.

  • IDEAS PODCAST

How Can You Avoid Thinking Like the Herd?

Hosted by Ashley Milne-Tyte

Morgan Stanley Ideas Podcast Special Episode: Behavioral Economics

Good decision-making takes more than smart people and good data. The theories of behavioral economics inform how businesses, and the rest of us, can try to avoid the irrational responses that may work against our best interests.


   

When you envision a group of business people making a tough decision, you may think of folks in suits rationally dissecting market data or financial statements. But what if they are not always so rational? This week we take a deep dive into the world of behavioral economics to learn about the mechanisms that impact all our choices and how the best practitioners try to avoid common decision-making mistakes.

For more, visit www.morganstanley.com/ideas/morgan-stanley-ideas-podcast

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