“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Mark Twain. This podcast, featuring Kevin Durand and Randall Stevenson, focuses on Cognitive Bias and Behavioral Economics. Randall conveys many examples of cognitive bias and discusses applicability to the insurance industry. 

Show Notes

Contact Information, Kevin Durand: [email protected]

Contact Information, Randall Stevenson: [email protected]

For further information, Randall has authored an SOA Report in April 2019 titled “Actuarial Utility and Preference Functions.” He has also written an article for Contingencies January/February 2020 called “Predictably Irrational.”

If interested in learning more about behavioral economics, the University of Toronto has a free online course through EdX.