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Andrei Shleifer, John L Loeb Professor of Economics at Harvard University, delivered an thought-provoking seminar on cognitive economics at London Business School hosted by the Wheeler Institute. This event was hosted by Sergei Guriev, Dean of London Business School and was moderated by Jean-Pierre Benoît, Professor of Economics at London Business School. Shleifer’s work in Cognitive Economics has reshaped the understanding of how cognitive biases influence economic decisions. 00:00 – 03:32 – Introduction from the Sergei Guriev, Dean of London Business School 04:39 – 51:44 Lecture by Andrei Shleifer, John L Loeb Professor of Economics at Harvard University 05:56 – 13:49 Different people often with the same information see things differently 12:51 – 13:55 What is Cognitive Economics? 13:59 – 24:00 How the psychology of attention and memory impacts choice 24:31 – 31:00 Stereotypes 31:15 – 37:33 Memory 41:45 – 48:45 Inference problems 48:47 – 51: 45 How to solve the problem 51:50 – 1:01:10 In conversation with Jean-Pierre Benoît, Professor of Economics at London Business School 1:09:24 – 1:11:42 How people form beliefs Subscribe to our YouTube channel ➤ https://bit.ly/3bukgoT Watch the Rethinking Capitalism series ➤ https://shorturl.at/J79Ct Visit our website ➤ https://bit.ly/3cl5b8m Follow our social media accounts: Twitter: https://bit.ly/3gGs1Kg LinkedIn: https://bit.ly/2TyBfQY Instagram: https://bit.ly/3cLK54D