Alex Imas

Alex Imas, a University of Chicago economist studying decision-making and applied AI, explores why AI may not follow the usual technology script. The conversation covers labor market disruption, AI agents that can take actions, which white-collar and logistics roles look vulnerable, why demand matters for jobs, the breakneck pace of change, and even his grumpy “Marxist robots” experiment.

Join Nobel Prize-winning behavioral economist Richard Thaler and fellow economist Alex Imas as they explore the quirks of human decision-making around money and time. They discuss the phenomenon of the endowment effect and why we cling to our possessions. Discover why people often procrastinate important tasks and how mental accounting influences our spending habits. Thaler shares practical strategies like the Save More Tomorrow program to improve financial decisions, while shedding light on our irrational tendencies in everyday life.

Alex Imas, an economist at the University of Chicago who studies behavioral economics and AI’s impact on labor. He questions the AI job apocalypse narrative. They explore why automation fears persist, how technology can create new roles, why relational work resists automation, and scenarios where cheaper AI expands demand and reshapes industries.

Richard Thaler, a Nobel laureate and a pioneer in behavioral economics, and Alex Imas, a behavioral finance professor, delve into the quirks of human decision-making. They explore how mental accounting affects spending and the psychology behind NFL draft picks. The duo discusses the enduring nature of behavioral biases and the implications for investors, especially regarding the winner's curse in auctions. They also share insights on choice architecture to combat biases and the impact of gamification in trading, offering practical advice for aspiring economists.

Join Nobel Prize winner Richard Thaler, known for his groundbreaking work in behavioral economics, and Alex Imas, an expert in decision-making and AI, as they delve into the fascinating anomalies of human behavior. They discuss the origins and evolution of their influential work, highlighting intriguing concepts like the endowment effect and fairness in economic decisions. The duo also explores how behavioral insights reshape market strategies, from sports analytics to retirement saving nudges, revealing why even experts often struggle with biases.

Joining the discussion is Alex Imas, a behavioral economist and professor at the University of Chicago, known for his work on decision-making and applied AI. He dives into whether markets are influenced by cash flows or crowd sentiments, using the GameStop phenomenon as a case study. The conversation reveals why bubbles persist despite smart investment strategies and discusses the implications of zero-commission trading platforms. Alex also examines how AI could either help us or exacerbate market manipulation, calling for regulation to safeguard against harmful practices.

In this engaging conversation, Alex Imas, a behavioral economist and professor at the University of Chicago, dives into the complexities of human decision-making around money. He explores mental accounting, revealing how we treat different types of wealth and the impact on spending habits. Alex also introduces the concept of the 'winner's curse,' discussing its effects in auctions and IPOs. He highlights the importance of stimulus design in influencing financial behavior and provides actionable insights for making better financial choices.

Join Nobel Laureate Richard Thaler, a pioneer in behavioral economics, and Alex Imas from the University of Chicago as they dissect the quirks of human decision-making. They discuss the fascinating concept of nudges and how simple choices can dramatically influence behavior. Thaler advocates for universal school meals to reduce stigma, while both guests explore why professional traders often make irrational choices. They also delve into the dynamics of cryptocurrencies and how behavioral biases shape market trends, offering insights that challenge our understanding of rationality.

In this engaging discussion, Alex O. Imas, a Professor at the University of Chicago, delves into behavioral economics, explaining anomalies like the winner's curse and sunk-cost fallacy that lead to poor decision-making. Colin T. Fisher, an expert from University College London, shares insights on effective group dynamics, highlighting the importance of diverse teams and the pitfalls of compromise in creativity. Together, they provide practical strategies for avoiding common pitfalls and improving team performance.

Historian Mary Stockwell discusses American Revolutionary War strategies of retreat and regrouping. Behavioral scientist Alex Imas explains risk-taking after realizing losses. The podcast explores the impact of loss realization on decision-making and the benefits of taking breaks to reset risk preferences.