This episode reveals how economic principles, applied to unconventional settings, offer a surprisingly clear lens for understanding risk, incentives, and human behavior in any complex system.
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Applied economics, risk management, human behavior, incentives
If you've ever felt the pressure of making high-stakes decisions without a clear roadmap, this will sharpen your understanding of how incentives truly shape behavior and how risk is managed in the wild, and this will help you see what to do next.
Allison Schrager, an economist and journalist, brings a rare blend of academic rigor and on-the-ground reporting, venturing into unconventional, high-stakes environments to observe economic principles in their rawest form.