In this episode of the Trust Your Voice podcast, host Sylvie Légère sat down with Craig Scalise, a distinguished economist with a Ph.D. from the University of Chicago and who also taught at the University of South Carolina.

His publications include the book, “Intellectual Property Protection: Theory, Evidence and Policy” and the “Entrepreneurial Energy: It’s Creation and Capture” series of journal articles about innovation policy.

In this conversation, Sylvie and Craig discussed:

• What is the essence of behavioral economics and how it delves into the complexities of human decision-making

  
  



• The differences between the traditional vs behavioral economics

  
  



• The 'nudge' concept which involves designing choices and decision environments

  
  



• Other behavioral economics key concepts

  
  

We hope you enjoy the episode! Tell us what you think by leaving a review on Apple podcasts. Stay tuned for more episodes and be sure to subscribe to the Trust Your Voice podcast on your favorite podcast player.