The lesson of my field, behavioral economics, is that we need to understand the ways in which we differ from the rational human assumed in standard economic theory.
タグ: need, lesson, understand, economics

"Richard Thaler"の他の名言

Demanding that the rich get a tax cut as a condition for tax relief for others is simply elitist.
タグ: tax, get, others, rich
Traditional economics is based on imaginary creatures sometimes referred to as 'Homo economicus.' I call them Econs for short. Econs are amazingly smart and are free of emotion, distraction or self-control problems. Think Mr. Spock from 'Star Trek.'
タグ: sometimes, think, problems, smart
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.
タグ: view, will, believe, long
The more we turn down questionable offers like trip insurance and scrutinize 'one month' trials, the less incentive companies will have to use such schemes.
タグ: like, more, down, will
The sad truth is that many behavioral economists know very little about psychology.
タグ: know, truth-is, truth, sad
V"Richard Thaler"の名言をもっと見る