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Lewis: 'It's Never as Simple as Just an Algorithm'

Author Michael Lewis links behavioral economics and decision-making psychology as a driver of the financial market structure.

This analyst blog is part of our coverage of the 2017 Morningstar Investment Conference. 

In a wide-ranging keynote luncheon chat Thursday at the Morningstar Investment Conference, author Michael Lewis linked together the behavioral economics and decision-making psychology that drives everything from sports to financial market structure. Even his own book deals, he said, offer a lesson on the power of incentives to drive behavior.