People make just as many mistakes when the stakes go up, maybe more. — Richard Thaler Copy Share Image
If governments want to encourage good citizenship, they should try making the desired behavior more fun. — Richard Thaler Copy Share Image
We behavioralists differ from our more traditional brethren in the way we characterize agents in the economy. — Richard Thaler Copy Share Image
I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else. — Richard Thaler Copy Share Image
Although the United States cannot unilaterally lower the price of oil, it can reduce its consumption by using oil more efficiently and… — Richard Thaler Copy Share Image
Academia does not provide many opportunities for immediate gratification. You work for two years on a project, it takes two more years… — Richard Thaler Copy Share Image
It makes sense for social scientists to become more involved in policy because many of society's most challenging problems are, in essence,… — Richard Thaler Copy Share Image
Doctors and hospitals should be paid for keeping their patients well. Paying them for doing more tests and surgeries creates bad incentives. — Richard Thaler Copy Share Image
The more we turn down questionable offers like trip insurance and scrutinize 'one month' trials, the less incentive companies will have to… — Richard Thaler Copy Share Image
Companies are accumulating vast amounts of information about your likes and dislikes. But they are doing this not only because you're interesting.… — Richard Thaler Copy Share Image
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 Copy Share Image
In some ways, the finding that financial education doesn't provide long-term payoffs is hardly surprising. After all, how much do you remember from your… — Richard Thaler Copy Share Image
Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a better place. — Richard Thaler Copy Share Image
If people just put away what's left at the end of the month, that's a recipe for failure. — Richard Thaler Copy Share Image
The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital… — Richard Thaler Copy Share Image
The lesson of my field, behavioral economics, is that we need to understand the ways in which we differ from the rational human assumed… — Richard Thaler Copy Share Image
I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else. — Richard Thaler Copy Share Image
There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action. — Richard Thaler Copy Share Image
For amateur golfers, I think one of the biggest mistakes is to model their play on professionals. — Richard Thaler Copy Share Image
he card companies will often, as a courtesy, honor that credit card, but hit you with a penalty. And you keep swiping your card… — Richard Thaler Copy Share Image
Social Security may be the most beloved of all the government's programs, partly because it requires so little thinking. You pay taxes while you… — Richard Thaler Copy Share Image
