The Death of ‘Homo Economicus’

The video discusses the limitations of traditional economic models that assume humans are purely self-interested. It highlights the work of Sambals, who uses empirical evidence to challenge these assumptions, showing that humans are complex beings with altruistic tendencies. The discussion covers the implications of this research for economics, public policy, and environmental issues, suggesting that a more nuanced understanding of human behavior could lead to better economic models and policies.

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