So far, we focused on classic economics and how we can apply classic economics into the design of economics systems. In this episode, let’s talk about a key underlying principle to manage the ecosystem, behavioural economics.
Economics design of the crypto ecosystems are in 2 layers. Layer 1 on classic economics and beautiful mathematical formulas. Layer 2 on behaviours of participants and actions.
In this episode, we will dive into
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What behavioural economics is
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Why are we like that? Why are we so prone to influence?
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How can we apply behavioural economics applied to token economics?
👀 Watch on Youtube: https://www.youtube.com/channel/UC-o87lCF9HaEuj0R-3VT1yg
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