- Panacea
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- Nov 07, 2020
Richard Thaler Quotes
Most Famous Richard Thaler Quotes of All Time!
We have created a collection of some of the best richard-thaler quotes so you can read and share anytime with your friends and family. Share our Top 10 Richard Thaler Quotes on Facebook, Twitter, and Pinterest.
- Last Updated on May 30, 2021
- Health
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- Nov 07, 2020
When it comes to my health, I would rather my doctor base her decisions on science rather than what she, or some lawyer, thinks will stand up in court.
- Long
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- Nov 07, 2020
Claiming that Social Security benefits are safe may sound naive, but my view is actually quite cynical. I believe that as long as the elderly continue to vote in large numbers, no Congress will renege on promised payouts for those already eligible to receive benefits.
- Pay
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- Nov 07, 2020
Sunk costs? We pay too much attention to them.
- Price
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- Nov 07, 2020
The supply price and the demand price should be roughly the same. You're not supposed to have two different prices. According to economists.
- Money
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- Nov 07, 2020
The Nobel Prize is going to be 'fun money' - for an occasion, when my wife and I want a $50 bottle of wine.
- Just
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- Nov 07, 2020
'Fun money' is another thing that makes no sense to traditional economists. Because there's just money; there's no 'fun money.' It's all supposed to be the same.
- Economic
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- Nov 07, 2020
A nudge is some feature of the environment that changes the behaviour of humans but would not change the behaviour of rational economic agents, what we call Econs.
- Doing
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- Nov 07, 2020
Countries all around the world, starting with the U.K., have started behavioural insight teams, often referred to as nudge units. And they seem to be doing lots of good.
- More
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- Nov 07, 2020
I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else.
- Easy
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- Nov 07, 2020
I try to teach people to make fewer mistakes. But in designing economic policies, we need to take full account of the fact that people are busy, they're absent minded, they're lazy, and that we should try to make things as easy for them as possible.
- Professional
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- Nov 07, 2020
If you're trading individual securities, you're almost certainly making a mistake. Because most professional managers can't outperform their benchmarks, and there's little reason to think that individuals can.
- Nov 07, 2020
Don't get trapped by looking at what the price was that you paid for some stock originally.
- Predict
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- Nov 07, 2020