Richard Thaler Zitate auf Englisch

Zitat des Tages von 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.

There can be legal conflicts over whether registering intent is enough to qualify you as an organ donor or whether a doctor must still ask your family's permission.

Richard Thaler

I have an agent, John Brockman, who is an agent to many academic authors like Dan Gilbert and Steven Pinker, and he's very good at conning academics into writing books. He pulled this trick on me.

Richard Thaler

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

Real people have trouble balancing their checkbooks, much less calculating how much they need to save for retirement; they sometimes binge on food, drink, or high-definition televisions. They are more like Homer Simpson than Mr. Spock.

Richard Thaler

As both a consumer and producer of newspaper articles, I have no beef with pay walls. But before signing up, I read the fine print.

Richard Thaler

You go out on the practice range, and something kind of clicks, and you start hitting the ball very crisply. And you're sure that you've found it, the holy grail - that all you have to do is hold your hand in a certain way. Then you go out on the golf course, and it's completely disappeared.

Richard Thaler

Morality aside, there are other factors deterring 'strategic defaults,' whether in recourse or nonrecourse states. These include the economic and emotional costs of giving up one's home and moving, the perceived social stigma of defaulting, and a serious hit to a borrower's credit rating.

Richard Thaler

If the government can manage to collect and release personal information in a secure and useful way, so can private companies, which will empower consumers to become better shoppers.

Richard Thaler

We humans actually need help controlling our impulses - nudges.

Richard Thaler

If governments want to encourage good citizenship, they should try making the desired behavior more fun.

Richard Thaler

Even if we grade on a very generous curve, many Americans flunk when it comes to financial literacy.

Richard Thaler

In a democracy, if a government creates bad policies, it can be voted out of office. Competition in the private sector, however, can easily work to encourage phishing rather than stifle it.

Richard Thaler

If you're not putting enough away for emergencies or retirement, making commitments in advance, such as signing up for payroll withholding, can help.

Richard Thaler

The tradition of Chicago price theory is a good one, and it is a low-tech methodology that tries to apply simple economic theory to the world.

Richard Thaler

The Nobel Prize is going to be 'fun money' - for an occasion, when my wife and I want a $50 bottle of wine.

Richard Thaler

Demanding that the rich get a tax cut as a condition for tax relief for others is simply elitist.

Richard Thaler

We all need a lot of humility, and especially about the economy.

Richard Thaler

In the world of traditional economics, it shouldn't matter whether you use an opt-in or opt-out system. So long as the costs of registering as a donor or a nondonor are low, the results should be similar. But many findings of behavioral economics show that tiny disparities in such rules can make a big difference.

Richard Thaler

Lotteries are just one way to provide positive reinforcement. Their power comes from the fact that the chance of winning the prize is overvalued.

Richard Thaler

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.

Richard Thaler

High school seniors should receive help in how to think about a student loan and how to make sure that the education bought with the loan offers good prospects for repayment.

Richard Thaler

For amateur golfers, I think one of the biggest mistakes is to model their play on professionals.

Richard Thaler

I practice what has come to be called behavioral economics.

Richard Thaler

As every successful parent learns, one way to encourage good behavior, from room-cleaning to tooth-brushing, is to make it fun. Not surprisingly, the same principle applies to adults. Adults like to have fun, too.

Richard Thaler

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.

Richard Thaler

I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else.

Richard Thaler

Coining a term is not the same as creating a field!

Richard Thaler

Signing up to be an organ donor should be at least as easy as downloading a song to your iPhone.

Richard Thaler

You can't make evidence-based policy decisions without evidence.

Richard Thaler

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.

Richard Thaler

One of society's thorniest problems is that children from poor families start school lagging badly behind their more affluent classmates in readiness.

Richard Thaler

The good thing I will say about the Chicago School is that it was always about the world, not about the abstract.

Richard Thaler

Parents want their children to excel, callers to a victims' hot line want help, and sick people want to get well. Offering aids is like providing an alarm clock: it may help people get to an appointment on time, but no one is forcing them to use it.

Richard Thaler

There's a reason why start-ups, especially disruptive start-ups - like Google or Amazon or Uber - are full of young people. That's because young people are not as wedded to the old fashioned ways of doing things.

Richard Thaler

We behavioralists differ from our more traditional brethren in the way we characterize agents in the economy.

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