Video and Multimedia
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Video 1: When You’re Making a Deal, What’s Going on in Your Brain?
Description: When two people are trying to make a deal--whether they’re competing or cooperating--what’s really going on inside their brains? In this TED Talk, behavioral economist Colin Camerer shows research that reveals how badly we predict what others are thinking. Bonus: He presents an unexpected study that shows chimpanzees might just be better at it.
Video 2: What Is the Prisoner’s Dilemma?
Description: The prisoner's dilemma is a classic illustration of why rational people don't always cooperate--even when it's in their best interest to do so. In this engaging episode of Instant Egghead, Scientific American editor Michael Moyer explains how it works.
Audio 1: Predictably Unpredictable: Why We Don’t Act Like We Should
Description: We don't always act like we're supposed to . . . we don't save enough for retirement . . . we order dessert when we're supposed to be dieting . . . we use the tickets we bought to a concert even though we're sick. In other words: We misbehave. In this episode of Hidden Brain, we meet Richard Thaler, an economist who studies why people predictably don't act the way traditional economists say they will.