Business Daily - Irrational markets?
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Are the financial markets behaving rationally? Plus, the decline in happiness at work.
Are the financial markets behaving rationally? Lesley Curwen talks to one of the stars of the world of behavioural economics, Professor Dan Ariely who teaches at Duke University in the United States. He argues that the thinking behind the falls on stock markets is "not very deep" and suggests that even the computer algorithms directing some trades may actually amplify the effect of human emotions.
Plus Cary Cooper, Professor of Organisational Psychology and Health at Lancaster University explains the general decline in happiness at work since the credit crisis.
And our Kenyan commentator Wycliffe Muga looks at how some examples of foreign aid might make a huge difference to the lives of the poor in Africa's slums.
- Broadcast on BBC World Service, 12:32PM Thu, 11 Aug 2011
- Available until 12:00AM Thu, 1 Jan 2099
- First broadcast BBC World Service, 8:32AM Thu, 11 Aug 2011
- Categories
- Duration 18 minutes



