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<p>As we move through our lives, we have to make decisions both big and small. Some are banal: What will I eat for breakfast today? Should I drive or bike to work? Others are more complicated: How much should I contribute to my 401k? What career should I pursue? Today on the show, behavioral economist <a href="https://www.chicagobooth.edu/faculty/directory/t/richard-h-thaler">Richard Thaler</a> explains why our decision making is often far more nuanced than economic models would suggest.</p><p>If you missed last week's show on how to keep yourself from getting conned, you can find it here: <a href="https://hiddenbrain.org/podcast/how-to-spot-a-scam/" target="_blank">How to Spot a Scam</a>.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>