“It’s been a long journey.”
Richard Thaler wins Nobel Prize for questioning traditional economic assumptions that people behave rationally. Read the full story.
The University of Chicago Booth School of Business is globally recognized for the strength of its faculty – a world-class group of scholars, including nine Nobel Prize winners, whose research and ideas shape the world of business.
It all looks so easy on YouTube – preparing Julie Child’s boeuf bourguignon, learning the latest dance step, repairing a faucet, assembling Ikea furniture.
Millions of how-to videos on YouTube, Facebook and Instagram have given people unprecedented access to the skilled performances of experts. Nevertheless, learning a new skill by watching a video on social media can also lead people to become overconfident in their own abilities, according to new research from the University of Chicago Booth School of Business.