Discrimination, as defined in economics, occurs when two otherwise identical individuals or groups are treated differently based solely on a group attribute. In economic terms, discrimination leads to real losses in productivity and efficiency. When talent is overlooked, firms lose potential profit, and society wastes valuable human capital. In our latest episode of Talking Economics, Vojtěch Bartoš, Associate Professor at the University of Milan and CERGE-EI alumnus, explains how behavioral economics helps uncover the mechanisms behind bias — and how evidence-based tools can help reduce it. Continue reading Understanding Discrimination Through the Lens of Behavioral Economics →