I've been organizing workshops in behavioral finance at the National Bureau for Economic Research since 1991 with Dick Thaler at the University of Chicago.
从1991年开始,我就和,芝加哥大学的迪克·泰勒一起组建,国家经济研究局,行为金融学工作室
I had a behavioral economics teacher named Thomas Leonard who I took, I think, three classes from and I really enjoyed that.
我有一位行为经济学的老师叫托马斯·伦纳德,我想,我上了三次课就喜欢上了他。
And so do we want to say, do you want to argue that is just one instance of one of these bubbles, one of these manias take place even in free market.
那么您是否可以这么说,这只是众多泡沫,或者众多不规范行为中的一项,自由市场经济也不是万能的。
On the other hand--and this is something that I want to emphasize-- you don't want to carry that too far and one of the lessons of behavioral finance is that markets are not really efficient in a global sense.
而另一方面,我想强调的是...,不要认为这就是真理,行为经济学中的一课就说,从全球的角度看,市场并非全然是有效的
With I should say the possible exception of the economists who often will believe that economic motives and transactions provide the key to all possible human behaviors.
知识分支当中,可能的例外是经济学家,他们常认为,是经济动机与交易,决定了所有可能的人类行为。
In a sense, I'm terminating this lecture with another triumph for behavioral economics.
某种意义上,我通过这节课再次证明了,行为经济学的胜利
It was kind of an experiment, somewhat in behavioral economics.
这多少是一种,在行为经济学中的实验。
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