In this episode, Xavier Bonilla has a dialogue with Lionel Page about rational decision-making and behavioral economics. They discuss the history and contours of behavioral economics, work of Kahneman and Tversky, and why an evolutionary framework is important for behavioral economics. They also talk about heuristics, cognitive biases, gains and loses, game theory, Nash equilibrium, cooperation, belief systems, and many more topics.

Lionel Page is an economist and Professor of economics at The University of Queensland in Australia. His research interests are in decision-making, game theory, and economics. He has been widely-published in economic journals and is the author of the book, Optimally Irrational.

Substack: Optimally Irrational

Twitter: @page_eco

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