A Quote by Richard Thaler

It is true that I am one of the co-authors of 'Nudge,' and I am a behavioral economist, but it does not mean that everything we write about in that book is behavioral economics, nor does it mean that my co-author, the distinguished legal scholar Cass Sunstein, is a behavioral economist.

Richard Thaler

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Richard Thaler
American - Economist
Born: September 12, 1945

I started to read as obsessively about Star Wars as I once did about Kant - and still do about behavioral economics and behavioral psychology.

Cass Sunstein

How could economics not be behavioral? If it isn't behavioral, what the hell is it?

Charlie Munger

How should the best parts of psychology and economics interrelate in an enlightened economist's mind?... I think that these behavioral economics...or economists are probably the ones that are bending them in the correct direction. I don't think it's going to be that hard to bend economics a little to accommodate what's right in psychology.

Charlie Munger

Retirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard - figuring out how much to save - and requires self-control.

Richard Thaler

Whenever I'm asked to autograph a copy of 'Nudge,' the book I wrote with Cass Sunstein, the Harvard law professor, I sign it, 'Nudge for good.' Unfortunately, that is meant as a plea, not an expectation.

Richard Thaler

Drugs are about dulling perception, about addiction and about behavioral repetition...What *psychedelics* are about is pattern- dissolving experiences of an extraordinarily high or different awareness. They are the exact opposite of drugs. They promote questioning , they promote consciousness, they promote value examinations, they promote the reconstruction of behavioral patterns.

Terence McKenna

I practice what has come to be called behavioral economics.

Richard Thaler

If I stand alone, It does not mean, I am any less a Human, If my arms do not hold another, It does not mean, They are incapable of holding, If my tongue is silent, And never speaks the words of Love, It does not mean, That it will be mute, When the time comes, That the words can sincerely be spoken. And just because the World, Has not yet introduced, The one that will share my Life, It certainly does not mean, That I am incapable, Of Loving.

Javan

The lesson from behavioral economics is that people only save if it's automatic.

Richard Thaler

I love Richard Thaler's 'Quasi Rational Economics.' A collection of some of his most interesting and inventive essays, the real foundation of behavioral economics.

Cass Sunstein

One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we're in.

Dan Ariely

The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.

Daniel Kahneman

I have a mean streak and I am capable of cruelty. This does not mean that I am necessarily mean and cruel; instead, it means that I have to be vigilant about my capacity for cruelty and the mean bone in my body.

Tom Junod

I think I am most fond of the unseen part. I mean that the various cultural experiences that I go through, and the behavioral aspects of getting the work done, are just as important as the installation and the photograph. So, for me, the relationship between the two is more about hybridism and the search for an ideal form that I'm never going to arrive at. The installation and the photograph are mere approximations of this ideal.

Sandy Skoglund

What does it mean to dance? What does it mean to commit a crime? What does it mean to be anxious? What does it mean to tell a joke? The great thing about the French is that they have thought about these subjects in a great variety of ways and are a very articulate people.

Theodore Zeldin

Behavioral economics offers a plausible explanation for overreactions by the market. For example, a long period of bad performance can lead to stereotyping.

Richard Thaler

A Quote by Richard Thaler

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