Gresham College provides outstanding educational talks and videos for the public free of charge. There are over 2,500 videos available on our website. Your support will help us to encourage people's love of learning for many years to come.
CEOs make mistakes due to their own psychological biases – but they also profit from the biases of others. Some exploit investors by catering to sentiment – adding “.com” to their name during the Internet bubble or entering “hot” industries to inflate their valuations.
We often think that leaders are particularly strong in decision making – that’s why they’ve made it to the top. But evidence shows that even senior executives are prone to psychological biases, such as overconfidence, groupthink, and applying one-size-fits-all rules.
Psychological studies show that humans overweight tangible factors and underweight intangible ones when making decisions. This talk shows how these biases affect the stock market – it focuses excessively on short-term profit, but ignores environmental, social and governance (ESG) factors.
From The Merchant of Venice to The Taming of the Shrew, it’s easy to see how Shakespeare’s plays can cause offence to contemporary audiences. Is it harder to teach Shakespeare today than in the past? Have ideas about what is offensive in Shakespeare changed over time?
The COVID-19 pandemic has been devastating. But one silver lining has been the tremendous responses from businesses and individual citizens, as we’ve realised how even small actions can have a substantial effect on society.