Economics Quote by David Amerland

“Intrinsic motivation is of great importance for all economic activities. It is inconceivable that people are motivated solely or even mainly by external incentives.”

— Daniel H. Pink

The great thing about behavioural psychology and economics is that they help us to see that there are actually pretty good reasons why human…

— Niall Ferguson

I practice what has come to be called behavioral economics.

— Richard Thaler

“When combined, the challenge to gain future perspective and the desire for immediate rewards sets us up for a range of problems. Economists call…

— David DiSalvo

“It is telling commentary on economic orthodoxy that a whole subdiscipline--behavioral economics--and a raft of lab experiments are needed to show that humans often…

— Kaushik Basu

The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.

— Daniel Kahneman

“Companies increasingly find that their economic value is a function of the strength of the habits they create.”

— Nir Eyal

“Systems include their by-products; it all comes from the pattern of incentives they create. It’s how they make people think, how they make people…

— Malka Ann Older

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

Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.

— Steven Landsburg

“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

The lesson from behavioral economics is that people only save if it's automatic.

— Richard Thaler