Before she decided to become a poker pro, Maria Konnikova didn’t know how many cards are in a deck. But she did have a Ph.D. in psychology, a brilliant coach, and a burning desire to know whether life is driven more by skill or chance. She found some answers in poker — and in her new book The Biggest Bluff, . . .
This week on Freakonomics Radio, we were inspired by a fascinating research paper called “Suspense and Surprise” by the economists Jeffrey Ely, Alexander Frankel, and Emir Kamenica. We speak with all three of them about what makes a particular sport suspenseful (or boring), what makes a movie thrilling (or, as in the case of M. Night Shyamalan, increasingly not), and why these things are worth discussing within the realm of economics. We’ll also hear from practitioners of the art of suspense, including novelist Harlan Coben.
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