Quote by David DiSalvo

“What we learn from behavior economics is that the moment a metric is created it generates an incentive for people to pursue it.”

— David Amerland

“Not surprisingly, the father if market efficiency, Gene Farma, has a very clever way to avoid the pitfalls of hyperbolic discounting. When he's invited…

— Andrew W. Lo

It is something of a miracle that individual selfish decisions (in a market economy) must lead to a collectively efficient outcome.

— Steven Landsburg

“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

“Sometimes we make decisions and we think that the decisions we make are to our benefit. Other times, we make decisions and at the…

— Scott Hildreth

Economists and workplace consultants regard it as almost unquestioned dogma that people are motivated by rewards, so they don't feel the need to test…

— Albert Einstein

Incentive schemes, whereby people who have done the most good for humanity are rewarded 20 years into the future, would create the expectation that…

— Jaan Tallinn

Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by…

— Andrew Lo

“Being able to discern the good decisions from the bad decisions, in advance, would be priceless.”

— Scott Hildreth

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists…

— Lester Thurow

“In the field of behavioral economics, neoliberalism allows that human behavior often deviates from the model of Homo economicus. The deviations considered, however, focus…

— Susan Neiman

Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.

— Jim Stanford