Laurie Santos, a psychologist at Yale University, explains two of our classic economic biases: reference dependence and loss aversion. Using a classic scenario from Kahneman and Tversky's studies, she explores how these two biases...

Econmics lesson made with humor in a video clip [2:35] from Seinfeld season 3 in which Jerry is frustrated by the car rental company's refusal to honor their agreement and Jerry's subsequent reaction, demonstrating the economics concept...

Short viedo clip [0:51] from hilarious Seinfeld teaches about the economics concept of moral hazard when George and Jerry discuss the challenges of finding an honest car mechanic.

How the banks are connected. What happens when one bank fails.

Gain an understanding of the Paulson Bailout and how the bank gets bailed out by an equity infusion from a sovereign wealth fund. [12:02]

Video lecture gives a basic introduction to risk and reward. [11:39]

Perceive alternate plans and moral hazard associated with government financial bailouts. [12:07]

This video [11:39] is a basic introduction to risk and reward.