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Colin Camerer

lines on the record: 132
first: 2024-11-14
most recent: 2024-11-14
sittings or episodes: 1
sources: podcast

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“Correct. Correct. But so all those ideas now that we feel like we have an understanding and examples, there was a lot of hostility to that. I remember asking Gene, I'd like to study market psychology. Like what do you know about market psychology? And he said, what's that? Market psychology is Boston accent. I think it's just a word they use on the news like in Bloomberg. It's just a word they use on the news when the market moved and they don't know why.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“But also there may be things that are not newsy at all, like in the October 87 crash, you know, the Bundesbank moved rates by a quarter of a point or something. Who cares? That was the big news. But, right.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“It didn't take off quickly. So from 1978, which is Jensen, 1981, I graduated 1985 was the Thaler and DeMont paper about January effects. And even that was published as a, it was in the proceedings issue, which meant the president of the AFA could pan-pick papers. So the proceedings issue had the most radical papers that were the foundation of April economics. Fisher Black wrote a paper called Noise Traders. It might have just been called Noise. And then Dick Roll wrote a paper called R squared. And he said, You know, if only news moves the market, right, then the R squared on days with no news, you know, you shouldn't have any volatility. And of course, days with big news and small news, similar to those story you were telling you at the beginning, days with big obvious news and hardly any news move about the same.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Right, right. Exactly. And that's also where the behavioral economics comes in with, you know, why can't you just create whatever income stream you want by borrowing and selling? If you're really liquidity constrained or credit constrained, you can't. But for most people, that's not a big deal. Anyway, so if I had known behavioral finance”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Because there was all this stuff on, you know, there was even he wrote some papers on dividends. Like, well, the optimal dividend payment policy. And of course, Miller and him was like, why pay dividends at all? You just take money from one pocket and put it in the other.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Late 70s, early 80s. And so that's when I was kind of deciding do I want to stay in finance or mix it with? And I remember having a discussion, I don't know if Gene remembers it the same way with, I had to write a paper for Eugene Falma's course, who was also kind of a mentor in this sense, even though I didn't end up doing work that was close. He was really relentless and very empirically driven. And he had a really good idea. When he started, people thought he was crazy. Right.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“But that was like the high watermark. And the special issue was about there's some things that are anomalous like earnings drift. You got a weird earnings announcement. The market reacts, but then the market reaction drifts up for, it takes a couple weeks, almost like food for the market so absorb. It should not take a couple weeks, right? Right. There were other things where we see within one hour markets are repricing. Really well But despite this Jensen article, the hostility to behavioral finance was ferocious.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Sure, got it. So neuroeconomics, I don't think we made too many mistakes. I think I wish we had a lot of grant support. Caltech was very supportive. I got to know a lot of interesting people who were generous with their time, who are kind of my tutors on neuroscience. I never took any formal coursework on it. It came way, way, way after my original RAD training. So thank you everyone. I wish we have not had much impact in academic economics, particularly. And that's something we're kind of working on. Maybe we can do better. Behavioral finance, I think I started graduate school in the late 70s. In 1978, Mike Jensen published a very influential paper It was an introduction to a special issue, and one of the first sentences is the market efficiency hypothesis is one of the most well-established empirical regularities in economics.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“You know, I'll answer that like a politician will answer a question I have a better answer for, which is about behavioral finance. Sure. Either or or.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly. On the morning horses, right? Especially in a paramutual system, right? Because You know, the more the more your tip sheet buyers are betting on your horses, the lower the right that you're betting against yourself.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Why are you giving away for free tips that you claim can make me money? Like this does not, the math does not math. And I think that's a good lesson in life for markets, right? Yeah. Just to clear away the most naive, you know, immunize yourself to the most naive schemes.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly. The customers' yachts. Exactly. But if you go in the third or fourth race, they would quit selling and they would just give them to you. Oh, really? Well, like a loss leader. Maybe next time you'll buy it. And so I'm sitting here. Here's my little cynical 12, 13-year-old brain thinking,”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“He was right about Timony and Maryland. And there were other interesting lessons, too. Like if you go around the third race, you know, I was a kid, so I was broke. And my poor mom, my Irish mom was worried I was going to lose too much money. I kept telling it's tuition, mom. It's tuition. But if you go in the third race, there are these people who would sell tip sheets for like $5. Because they know.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“They're extremely good. They're pretty, pretty dead on. Exactly. And so you see, you know, eight horses come out. They all look pretty similar. The jockeys are all the same size and they're all pretty good. There's a lot of statistics you can see. But somehow the crowd has decided that number three is even money favorite, which is a 50 chance to win. And number six, who looks pretty good too, is like 70 to 1. And they're mostly right. So, you know, part of why I got into economics and psychology was thinking about episodes like that. How does the market put this information together? And are there mistakes? Like, how do you beat the market?”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“And it was a five eighths of a mile track. So it's like a small. I would go with my dad and a friend of his who is a stockbroker, and we would also go to the big tracks like Pimlico where the prestakes is. But if you go to Timonium, you get to see all the horses.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Say is get experience thinking about markets, whether interning or I'll tell you a story about what worked for me, which was when I was 12 years old in Cockiesville, Maryland, every August there was a one month racing program at a small racetrack called Timonium, Maryland.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“So you can actually, there's a lot of sources of data besides just say the lab experiments I talk about in my book from 2003, sneaking the plugin. Cognitive science is something I would study too. So cognitive science is a modern brand of cognitive psych that has more math in it. And a lot of it actually goes back to something we spoke about, like evolutionary mismatch. But they're quite interested in what they call resource rationality, which means a lot of the mistakes people might make like anchoring on one number and being influenced by that, a famous anchoring adjustment heuristic may actually be rational if you only have so much working memory or you're under time pressure or you're tired. It's also closely related to the way economists would think about mistakes, which is they may be optimal given some constraint. Like what is that constraint? And can we test that experimentally? So I think there's a lot of stuff you could learn there that will help you think about markets. The other thing I would...”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh, really? For somebody who will say doesn't want to get a PhD, that's a different track and probably of less interest. You can get a lot of guest advice on how to do that. I would study not just finance, like straight asset pricing and derivatives, but also behavioral economics, game theory, I think, because even though game theory is usually like two players or small numbers of players, it really sharpens the logic of when do I know something another person doesn't know and do I know that they don't know it, you have to really relentlessly think about the math underlying that. And then there's a lot of experimental and real-world data. I just got a text from art students this term and there's a lot of data from sports about whether sports activities are like equilibrium responses to other players.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“I think it was a precursor to the wire, but it's basically about a corner in West Baltimore where everyone buys drugs and it's about drug addiction and all the things that surround it. So as somebody who, you know, one of the things we study in behavioral economics is habits and addictions and neuroscience, of course, is fascinating along the way. And that one is great. And the wire, having grown up in Baltimore County, which is not Baltimore City, the wire is almost like a documentary and it has all this Baltimore stuff as well as Baltimore accents where you have people talking about talking like this and it has Tommy Garcetti is this political character who sort of inspired by Tommy Dellessandro whose daughter is Nancy Pelosi.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“This just endless Randomly pick any of his books, and Let me also mention the wire because I grew up in Baltimore County Yes. And David Simon's book, The Corner, is a kind of a precursor. I mean, he's a very interesting person. He was a reporter. And I think he may have been in Baltimore, is that right? And the corner is like this.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“It sounds like, but for me, there's a lot of like psychology and in a way it's like game theory. What if there's an arms race between the Vegas gaming commission and each of the individual casinos who are very sophisticated? They hire a lot of ex cheats to tell them what to look for. And then these cheaters who know, you know, so truly this arms race of who's going to win. I found those really interesting.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“But in the end, if you get caught, there's also this sort of socio-psychopolitical thing of, you know, if I make up a story about why something happened, like if there's a murder in a casino and I make up a story about it that helps them act like the murder was freakish and won't drive away customers. I'm actually delivering a gift to them and they're going to trade off. They're not going to send me to jail if I give them this gift. So there's a lot of layers of this is not Dostoevsky. It's not brilliant. This is not literature.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Plow through all of them. Exactly. The Reacher series, yeah, that's what he is most famous for the lead child. But so Jim Swayne was blurbed by Lee Child saying, Jim Swain's the best at what he does. And what he does is he writes about a very sophisticated cheater in Las Vegas who cheats casinos. And I'm going to use recycle this very shortly for you. But basically there are procedural about how to cheat a casino.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Year or so ago. Yes, exactly. It may be loosely inspired by Anna Delvi in Manhattan or some similar cases. It's basically almost like a 19th century novel about class. Because she's very conscious of not belonging in the haptins, but she's very beautiful and kind of charming in this sort of man-eater, femital way. And I'm almost done with that. It's really delicious. The other thing I love movies and books about capers and heists and grift, which includes Emma Klein, the guest. So I'm reading these books by Jim Swain, who's not well known. I got onto it because Lee Child, who I who I love. My wife reads.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“I am reading Emma Klein, a book called The Guest. Especially for New Yorkers and your audience, it's about a very grifty, sketchy woman who goes to the Hamptons and kind of concert around the Hamptons. It's really, it's almost like a very different.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“He's a very good writer. He did exactly what so many academics aspire to, and we always ask for more of, which is to write a small number of extremely high quality papers. It's very unusual because for career reasons and stuff, you have to get tenure. And Dick just couldn't really write a bad paper. I don't write as many great papers as him. And as a result, I write too many okay papers. But that's something I think is useful for everyone.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“And I got so frustrated. I said, How should I write this? And we had this kind of like grasshopper moment of, it's your thesis, you figure out how you want to write it. And I realized they were kind of waiting for me to find my voice, like they say in writing. You know, like, and one of the love tables and the other love graphs. So the drafts to my thesis was the table and a graph were exactly the same thing. And I had to decide, was I a graph person or a table person or was I kind of like bilingual? So I basically became kind of bilingual in terms of how I was thinking about science. That was very helpful. The other person probably is Dick Thaler because he”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“So, two people who are on my thesis committees, Robin Hogarth and Hilly Einhorn, were two, and there's an interesting story. So Robin was Scottish, very verbal. Every sentence started with howsoever, therefore, notwithstanding, Hilly was a very blunt Jew from Brooklyn. And it was the exact opposite. So Hilly would mark up my thesis and put in all these fancy, Hilly rather, would take out the whatsoevers and the howevers and the therefores. And he was like, put in more, like, boom, like short sentences, no semicolons, but like he had one punctuation mark, period. That's it. Right. Like, you know, he bought a million periods at a store. And like, I'm not going to use those. And Robin was the other way around. Oh, this really just does semicolon. You know, let's plop this in. And at one point, I was going back and forth, you know, near the completion of my thesis where the two of them were co-advisors.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“So Katie Melkman's podcast Choiceology is one that I've been on that I think is quite good. It's basically the behavioral economics podcast. There are quite a few others, but Katie is a real expert on this and is a great interviewer and has had good guests.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly. Yes, exactly. That was definitely the poster child. For the simplest nudge, and we kind of understand the psychology of it. Anyway, so now what a lot of people are thinking about nudges is exactly this Lalapalooza idea of mungers, which is if we want to get people to get out the vote rather than try six different things, we should be trying like six combinations of three things. Statistically, it's messy because you'll never really end up knowing which of those is the active ingredient, but to just get results, that's useful information. It's useful information. So the nudge enterprise, which I've been connected to a little bit, is moving somewhat in that direction that Munger mentioned many years ago.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly. Exactly. And so the reason I was thinking about that was nowadays one of the fallouts or one of the products, I should say, from Fallout's definitely the wrong word. One of the products from behavioral economics was this idea of a nudge that often because people are often sensitive to very subtle things like opt-in versus opt-out. You know, there may be a low cost light touch way to change behavior a little bit.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“And so he was thinking as a practitioner. Like, I want to know what's going to work. As scientists, we're often thinking piecemeal. Like if we put six different things in and it works, we don't know which of the six is the active ingredient.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, talk. And so we showed in the brain scanner. He had a really interesting thought, which I didn't quite appreciate until later, which was he said what you guys should be doing is if you're trying to change behavior, like let's say you're trying to get somebody to vote or to wear a mask or, you know, quit smoking opioids, the really hard stuff, you know, weight loss. He said, what you should really do is rather than doing one little thing, you should go for a lollapalooza, you know, like basically try to add in six different things to get the biggest ability to get people to quit smoking, let's say. Makes sense.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Mine's a cruiser stuff, right? Scientifically curious, yeah, as well as in his financial life. He had gone to Celtec for a while, so he was, we got to run him every so often. Of course, we're always people like that. They're always trying to get them to give money or at least show up. Give us money.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Which is Observation. And Stupid. It's really fascinating One thing I remember was, so we went and looked at our neuroimaging center.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“That's my non clinical. I am not a trained clinician, but disclaimer part of it is reflected in why he was successful. He saw himself as an average person who wasn't making the dumb mistakes other people make, but some of those dumb mistake people make, you know, he may have not made them because he doesn't get caught up in social conformity or because he's very focused on, he has good metacognition. Like if I don't, I don't buy a company, I don't understand. Right.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“You know, because he was really witty, but also there was always a really deep psychological insight in there. You know, it wasn't just funny. It was like funny and true. And often something other people didn't want to say. But when I met him, he was just like a freight train. And so you had to interrupt. And I realized the goal is to not have a conversation. You're just going to move the train.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, but one marker of autism is like poor conversational turn taking. You know, and so when I the times that I met Charlie just twice, and if you see him at the Berkshire Hathaway, I mean, he's amazing. I think it was like the Mark Twain of Finance. For sure.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, yeah, yeah. You could look at video or written statements and machine learn them and say this person talks or looks like I'll ask on.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Correct, correct, and there's often differences of symptoms like extreme autism often involves catatonia and severe language deficits and what have you. And so what people often think about Asperger's syndrome, which is sometimes called high functioning autism. Right. Which is basically you just socially awkward and hard to understand what people do. But a lot of these pathologies or disorders, I should say, pathology is not the right word. A lot of these disorders are accompanied by some enhancement. So for example Asperger's patients are more likely to have perfect pitch for a sound. They are better at ignoring sunk costs. Which is a classic behavioral economics. I spent so much on this dessert. I came to New York. It was $18 for some flour, you know, flowerless cake. I have to finish it. The autists are like”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“It's hard to fight the crowd. It did its job. Yeah, exactly. So I thought that was quite striking. Again, if you wanted to study anti-authoritarian personality, it might be a way to get into that. There may be people who almost pathologically. But let's get back to your point about neurootypical people. We're actually working on it, beginning a study on autism. So autism is called a spectrum disorder, which basically means it's not like you have it or you don't like schizophrenia. So, you know, statistically, it doesn't look like two humps.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“And these are not, we're not super stress testing, so we're not quite something like you're in the depth of a crash, the 2008 crash, and everyone's selling and ethically it's hard for us to generate that dramatic event in the lab. But even for these mild effects, and a lot of these people, if you ask them, do you follow the crowd? They would say, no, no, no, I kind of go my own way. Like if a bunch of people said someone is friendly and you weren't sure, if you thought they were unfriendly, would you disagree? Yeah, yeah, I wouldn't bother me. But study after study after study shows there's generally reward value from conformity, which is essentially just the modern evidence for what you were talking about, which is that part of being a social animal. Right. The evolution of cooperation.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“We've been thinking about so one thing is I was going to mention from before so one of the striking things I was working on a neuroeconomics book and I was reading a lot of papers on social conformity It turns out that almost every study finds the typical paradigm is something very stylized and simple. Like you see a face and three other people see the same face and you're asked to say, is this person friendly or unfriendly? And in the conformity case, the other three people say friendly and some other subject, the other three say unfriendly. And there seems to be reward activity when you conform to the group.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“You know, not be too afraid on the first day of school as people get older, they learn to regulate emotions. It's a pretty important skill. And so I think successful trading is probably some kind of cocktail of either a little less natural loss aversion, but not too little. Right, because you don't want to like going crazy, you don't want them to be immune to loss, just like you don't want your hand to be immune to pain, right? Because you're going to lean on a hot stove one day and not notice that your hand is on fire, right? So a good trader probably has a little less natural loss aversion and then a really good ability to emotionally regulate, you know, when too much loss is acceptable or getting you into trouble.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Which is to say you have bad days and good days, and at the end, it's my P&L at the end of the month or at the end of the year or the end of the quarter and manage to kind of shrug off a loss. Now, I don't think that's that easy to do if you have an intact amygdala. Right. So it's almost, it leads into another interesting topic which we've studied a little bit called emotion regulation, which is the fact that a lot of our emotions are sort of involuntary. You know, if there's a loud boom, you and I are both going to have this fear reaction, you know, Harold will stand up, we'll freeze. But you can also learn to regulate emotions. I mean, kids are learning that when they learn to”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“It could be. I mean, I have a feeling successful traders, it's not that they're not loss averse, but they manage to inhibit it somehow. Or we did a study in this, but I don't think the details are all that interesting for your readers, or they're able to do what we call bracketing or kind of portfolio view.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“I'd love to do that. But these two, so damage the amygdala, no more loss aversion. So that's partly a reminder that. Be careful what you wish for.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, yeah, so the way we measure is we give them these financial simple financial risks. Like you could win most people if you say you could win 10, but you might lose eight or might lose seven. They're kind of just indifferent because a loss of seven and a gain or ten or, you know, it's one and a half.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, it was fine. It was fine. She just didn't have this trauma. The amygdala was not processing. This is really bad. Run away, run away, avoid, avoid.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, this example I recall, I hope I'm not getting my memory's not mangling it too badly, is she went on some kind of a date and the person was very sexually aggressive and she ended up okay. And then somebody said, well, would you want to go out with that person again? She said, yeah.”
2024-11-14 · Masters in Business · Advancing Behavioral Economics with Colin Camerer · IDENTIFIED FROM THE TRANSCRIPT · source