---
title: "Meaning & Key Takeaway of: People make just as many mistakes when…"
description: "\"People make just as many mistakes when the stakes go up, maybe more.\" — Richard Thaler"
image: "https://sms4smile.com/quotes/i/2af/richard-thaler-3060_go_people-make-just-as-many-mistakes-when-t_530850.png"
---

#  People make just as many mistakes when the stakes go up…

![“People make just as many mistakes when the stakes go up, maybe more.” quote by Richard Thaler](https://sms4smile.com/quotes/i/2af/richard-thaler-3060_go_people-make-just-as-many-mistakes-when-t_530850.png)   [Download](https://sms4smile.com/quotes/i/2af/richard-thaler-3060_go_people-make-just-as-many-mistakes-when-t_530850.png) [Open image](https://sms4smile.com/quotes/i/2af/richard-thaler-3060_go_people-make-just-as-many-mistakes-when-t_530850.png)

> “People make just as many mistakes when the stakes go up, maybe more.”

[Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Higher stakes increase pressure, often leading to more errors rather than better performance.

**In simple terms:** More at stake can cause more mistakes.

Key Takeaway

Manage pressure to improve outcomes.

Themes

decision making psychology risk

Mood

analytical practical

Type

behavioral economic

When to use this quote

- trading
- sports
- exams
- negotiations

Key Concepts

behavioral economics stress performance anxiety

Questions to Reflect On

- How do you respond under pressure?
- What strategies reduce high‑stakes errors?

A Different Perspective

The effect varies by individual resilience.

★ ★ ★ ★ ★   No ratings yet

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