Intersections of Psychology and Economics

The video explores the integration of psychology and neuroscience into economic thinking, challenging traditional models like Homo economicus. It discusses the slow but necessary incorporation of psychological insights into economics, emphasizing the importance of understanding human behavior and motivations. The speaker highlights the need for new models that consider social and group dynamics, and outlines future research directions supported by INET.

What challenges does the speaker mention regarding the development of macroeconomic models?

In what ways does the speaker suggest that motivations can change based on context?

What future research directions does the speaker outline?

How does the speaker propose to measure the effects of different motivational systems?