Thaler: Won't Know What Happens If Brexit Approved

The video discusses the decision-making process using the analogy of the brain's old and new parts, comparing gut feelings to logical thinking. It explores how gut instincts can be used to persuade people to remain in the EU, emphasizing the uncertainty and potential downsides of leaving. The speaker likens Brexit to a divorce without a prenup, highlighting the risks and uncertainties involved. The discussion also covers the potential economic impacts of Brexit on Europe and other trading partners like Canada and Mexico.

In what ways do people tend to react to uncertainty according to the text?

What concerns does the speaker raise about the impact of Britain's decisions on its trading partners?