How Investors Fall Into Bias Traps with Economists Richard Thaler & Alex Imas

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How Investors Fall Into Bias Traps with Economists Richard Thaler & Alex Imas

Bloomberg

16 January 2026

Barry speaks with Richard Thaler and Alex Imas award winning economists and co-authors of "The Winner's Curse: Behavioral Economics Anomalies". They discuss the psychology of spending at auctions, and the effects of draft picks on NFL team spending. They also discuss the anomalies of human behavior and decision making that challenge classical economic theories.  See omnystudio.com/listener for privacy information.