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How Investors Fall Into Bias Traps with Economists Richard Thaler & Alex Imas | Masters in Business

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January 17, 2026

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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.

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Bloomberg Radio host columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.

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Richard ThalerAlex ImasBloomberg RadioBarry RitholtzBloomberg Podcasts VisitFollow Bloomberg PodcastsTwitter VisitBusiness Investing Podcast

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How Investors Fall Into Bias Traps with Economists Richard Thaler & Alex Imas | Masters in Business · Bloomberg Podcasts · Sentinel