Behavioral economics Quote by Daniel H. Pink

“our irrationality happens the same way, again and again. Whether we are acting as consumers, businesspeople, or policy makers, understanding how we are predictably…

— Dan Ariely

Even the most analytical thinkers are predictably irrational; the really smart ones acknowledge and address their irrationalities.

— Dan Ariely

It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like…

— Dan Ariely

“Lawyers often face intense demands but have relatively little “decision latitude.” Behavioral scientists use this term to describe the choices, and perceived choices, a…

— Daniel H. Pink

“Groups have powerful self-reinforcing mechanisms at work. These can lead to group polarization—a tendency for members of the group to end up in a…

— James Montier

“Wouldn't economics make a lot more sense if it were based on how people actually behave, instead of how they should behave?”

— Dan Ariely

“In fact quite generally, commercial advertising is fundamentally an effort to undermine markets. We should recognize that. If you’ve taken an economics course, you…

— Noam Chomsky

Everyone's lost a lot of money on their 401k plans. I've heard some people calling them 201k plans. So it's even more important to…

— Richard Thaler

Behavioral economics can explain some things, but it's hard to explain a lot of the underlying processes that generate these decisions, much less some…

— Edward Boyden

[There will be movement toward] behavioral economics... [which] involves study of those aspects of men's images, or cognitive and affective structures that are more…

— Kenneth E. Boulding

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

“ONE OF THE main differences between standard and behavioral economics involves this concept of “free lunches.” According to the assumptions of standard economics, all…

— Dan Ariely