Standard Deviations with Dr. Daniel Crosby

Jeff Kreisler - Dollars and Sense: The Psychology of Money

Episode Summary

This week on Standard Deviations with Dr. Daniel Crosby, Dr. Crosby speaks with Jeff Kreisler. Jeff Kreisler is just a typical Princeton educated lawyer turned author, speaker, comedian and advocate for behavioral science. He uses humor & research to understand, explain and change the world. Winner of the Bill Hicks Spirit Award for Thought Provoking Comedy, Jeff runs PeopleScience.com, is an executive humor coach for Stanford Business School, shares insights on CNBC, CNN, FoxNews & MSNBC and has toured most of this particular planet.

Episode Notes

Tune in to hear:

- How did Jeff’s professional path evolve from lawyer, to standup comedian and finally to behavioral science / economics?

- What lessons could behavioral science stand to learn from the art of standup comedy?

- If two different comedies tell a joke with similar content, the joke might land for one of them while feeling really caustic and tone deaf for the other. What might account for this difference and how can one exude more empathy and authenticity in such a retelling?

-  What does Jeff mean when he says… “thinking a lot about money would be fine if, by thinking more about it, we were able to make better decisions?”

- What is the pain of paying? How do companies wield this against us and how can we take the power back here?

- Jeff talks about Ulysses’ contracts in his book. What can we learn from the myth of Ulysses and how can we practically utilize this to make better financial decisions?

- Where is applied behavioral finance headed and where does Jeff want to take it at JP Morgan?

www.jeffkreisler.com

Compliance Code: 1929-OAS-6/29/2021