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Sean Carroll's Mindscape · November 2, 2026 · 01:27:55
373 | Colin Camerer on the Neuroscience of Economic Thinking
Economics traditionally assumes people are rational maximizers, but real-world behavior often deviates from this ideal. Colin Camerer, a pioneer of neuroeconomics, discusses how brain science can help explain economic decision-making. The field integrates neuroscience with economics to understand the actual processes behind choices, including instances of irrationality, altruism, and randomness. This episode explores the emerging frontier at the intersection of brain and behavior.
This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.
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Economists start with the assumption that people are rational maximizers of self-interest, but recognize that people can also be irrational, altruistic, or random.
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