Irrational Economics

Beliefs about the labour market and irrationalities in how it really works. Ariely, an entertaining and charismatic behavioural economist, describes a number of psychology experiments in conditioning and motivation, and explains why workplace financial incentives aren’t effective beyond a certain point. Related: Daniel Pink talks about one of the same studies (an Indian workplace motivation experiment) in the animated RSA lecture Drive. Other Dan Ariely talks highlighted at Channel N: On Fake, and Tendencies of Irrational Behaviour.