Ep62 “The Cost of Social Compliance: Exploring Preference Falsification" with Timur Kuran

Ep62 “The Cost of Social Compliance: Exploring Preference Falsification" with Timur Kuran

Is the emperor wearing clothes?

Hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by economist and political scientist Timur Kuran who wrote the book, Private Truths, Public Lies: The Social Consequences of Preference Falsification. This 30-year-old book explains the social phenomenon where people express preferences they do not have. As political and social tensions have risen in the U.S., the freedom to express views that go against the status quo has become more difficult.

Jonathan, Jules, and Timur discuss what preference falsification is and why people engage in it, historical and contemporary examples, the implications of this behavior in various domains, including politics, business, and academia, and insights into how societies can counteract it. The conversation also addresses the importance of fostering environments, particularly in universities, where open and honest discourse is encouraged.

Find All Else Equal on the web:
https://lauder.wharton.upenn.edu/allelse/

All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episoder(93)

Ep72 Alternatives vs. Mutual Funds: Where Should You Put Your Money

Ep72 Alternatives vs. Mutual Funds: Where Should You Put Your Money

In the rapid-moving world of delegated money management, it is important to recognize the differences in how mutual funds and alternative assets operate. When it comes to alternatives, how do these fu...

4 Feb 31min

Ep71 “The Working From Home Revolution” with Nick Bloom

Ep71 “The Working From Home Revolution” with Nick Bloom

When the pandemic hit in 2020, working from home skyrocketed. Six years later, many companies have returned to in-person work, but hybrid models are still the dominant structure. So with WFH here to s...

22 Jan 28min

Ep70 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 2

Ep70 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 2

In the final part of this two-part interview, Steven Pinker, an experimental psychologist and Harvard professor, again joins hosts and finance professors Jonathan Berk and Jules van Binsbergen to disc...

7 Jan 23min

Ep69 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 1

Ep69 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 1

Everyday, we participate in seemingly arbitrary but essential choices for society to function. We all agree on what side of the road to drive on, to use paper currency, or to speak the same language. ...

10 Des 202523min

Rerun: Ep63 “What Explains the Growth of Private Equity? A Different Perspective” with Ludovic Phalippou

Rerun: Ep63 “What Explains the Growth of Private Equity? A Different Perspective” with Ludovic Phalippou

This holiday week, All Else Equal is looking back at its episode on the growth of private equity with Ludovic Phalippou. Private markets have taken off in the last couple decades, with more investors ...

26 Nov 202535min

Ep68 “Is It Better to Overestimate or Underestimate Your Enemies?” with H.R. McMaster

Ep68 “Is It Better to Overestimate or Underestimate Your Enemies?” with H.R. McMaster

Historically, the U.S. has had a habit of overestimating the capabilities of its enemies. Why? Is this an intentional security strategy? Or does the U.S. need to change the way it gathers enemy intell...

12 Nov 202533min

Ep67 Real Talk on Rent Control: Its Pros and Cons

Ep67 Real Talk on Rent Control: Its Pros and Cons

As the 2025 municipal elections approach, the New York City mayoral race has garnered national buzz, with one issue particularly capturing attention: rent control. On this episode, hosts and finance p...

29 Okt 202527min

Ep66 When (and When Not) To Listen to Investment Advice

Ep66 When (and When Not) To Listen to Investment Advice

Solicited or not, advice on where to invest your money seems to be around every corner these days. But determining whether the advice is credible and worth listening to can be challenging. On this epi...

15 Okt 202526min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
utbytte
pengesnakk
finansredaksjonen
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
livet-pa-veien-med-jan-erik-larssen
rss-sunn-okonomi
okonomiamatorene
lederpodden
rss-markedspuls-2
rss-fa-makro
boligbobla
rss-andelige-tanker-med-camillo
lederskap-nhhs-podkast-om-ledelse