Arguing Quote by Evan Davis

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

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

“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

Researchers may like to think that, given all the facts, we make rational choices. Ask economists how that assumption works out for them. No,…

— Kyle Hill

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

“Standard economics assumes that we are rational... But, as the results presented in this book (and others) show, we are far less rational in…

— Dan Ariely

We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are…

— Dan Ariely

Economics, as it has emerged, can be made more productive by paying greater and more explicit attention to the ethical considerations that shape human…

— Amartya Sen

Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.

— Evan Davis

Economics is (now) about emotion and psychology.

— Robert J. Shiller

The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his…

— James Thurber

Because we are intelligent creatures-meaning that we are freed from instinctive and patterned behavior to a degree unparalleled in the animal kingdom-we are capable…

— Willard Gaylin