Behavioral finance

President Obama was on Wall Street yesterday pushing for stronger oversight of the financial industry, which he set forth as the best way to prevent another massive financial collapse. Are watchful eyes really all we need to keep us honest?

How much longer until Americans feel ready to buy? We talk with housing expert Robert Shiller, co-creator of the Case-Shiller home-price index, to review 2009’s housing downs and ups. From The Takeaway.

All this week, we are looking back at the events that triggered the financial meltdown, one year ago. Today, we focus on the housing market, then and now.

Dan Ariely, a behavioral economist, has first-hand insight into how one self-destructive financial decision can thrust us into a downward spiral of many bad decisions. Dan Ariely is a professor at Duke University and author of ‘Predictably Irrational.’

For a primer on what motivates us to cheat?and what keeps us honest?we are joined by behavioral economist Dan Ariely. He is the James B. Duke Professor of Behavioral Economics at Duke University.