First Thoughts

Richard Thaler

Cass Sunstein Selena Gomez Daniel Kahneman


How has behavioural economics influenced public policy? Richard Thaler on behavioural economics 31 May
Richard Thaler debunks the myth that humans are perfectly rational and calls for the use of psychological principles…
Richard Thaler on MISBEHAVING and behavioural economics May 15/16 by CBC Fresh Air
Why don’t people pursue their best interests? Richard Thaler on behavioural economics 31 May
"Often we can do more to facilitate good behavi.." via
Fascinating interview with behavioural economist Richard Thaler! Send your name/address to freshairto win his book Misbehaving.
4 of 5 stars to Nudge by Richard H. Thaler
Tune in tomorrow for a fascinating interview with "misbehaving" economist Richard Thaler. ECON101 was never this interesting!
Who here has never been unrealistically optimistic?
Richard Thaler says customers, too, should benefit from the shopping data that businesses collect.
"Forcing people to choose is not always wise."
How can behavioural economics help us make better decisions? Richard Thaler on behavioural economics 31 May
The ‘godfather of behavioural economics’ will be speaking at LSE on Wed 1 June. Join us:
You can't avoid influencing others.
Soon:Prof. uncovers how to make smarter decisions.
Explore the limitations of thinking all human actions are driven by self-interest in this interview:
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listen to episode 16 of Hidden Brain podcast re: Behavioral Economics (guest Richard Thaler)
This hits on all the great books of recent history (for me at least). Richard Thaler, and Daniel Kah…
Nicely summarizing two speeches by Richard Thaler and John Campbell on behavioral economics:
'If you want to help people, make it fun' -- Richard Thaler
Yes, he is. But the best scene is with Richard Thaler and Selena Gomez - funny & informative.
Misbehaving A book you can't miss but in case a great review
Great primer on by one of the fields giants, Richard Thaler.
Hidden Brain - Misbehaving ? Why most economists might as well be studying unicorns -
For those interested in behaviourial economics - this is an amazingly insightful & engaging intvw w/ Richard Thaler
4 of 5 stars to Misbehaving by Richard H. Thaler
"You shouldn't nudge if it's not something you'd be willing to talk about publicly." - Richard Thaler at the
Key Takeaways & Analysis of Misbehaving: The Making of Behavioral Economics by Richard H. Thaler Instaread (Author)…
so weird going to the cinema and seeing Richard Thaler and Selena Gomez discussing economics 😂
I liked a video Richard Thaler + IBM Watson on Behavioral Economics
Great clip in new movie 'The Big Short' involving Richard H Thaler and Selena Gomez explaining the role of BE in the financial crisis!
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I need Richard Thaler and Selena Gomez to explain Making A Murderer to me.
This week's episode: on behavioral economics...and how marshmallows predict the future: …
"The “above average” effect is pervasive. Ninety percent of all drivers think they are above average behind the wheel”- Richard Thaler
“First, never underestimate the power of inertia. Second, that power can be harnessed.”- Richard Thaler
I wonder which player has highest ROI. Who does economic analysis of players beyond a richard Thaler?
Hugely enjoyed The Big Short especially the cameo from Richard Thaler!
Richard Thaler + IBM Watson. See how Watson can help companies outthink bad decisions.
'Misbehaving: The Making of Behavioural Economics' by Richard Thaler-- "Losses are twice as painful as gains are pleasurable"
"We did have to explain to *** who Selena Gomez was and we did have to explain to Selena who *** was."
Wharton's Katherine Milkman talks to author Richard Thaler about the history of behavioural economics.
Richard Thaler. Past, present and future of Behavioural Economics.
"Everything turns out to be testable in the end." - Dr. Richard Thaler | Behavioral Author of & Misbehaving
Ppl more likely to lie by omission rather than explicitly; easier to get truth by asking specific questions: "Misbehaving" by Richard Thaler
Richard Thaler on the past, present and future of
Selena Gomez and Richard Thaler breaking down CDOs is excellent
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Once booked an interview w Richard Thaler on - now he's breaking down synthetic CDOs w Selena Gomez in 😵
Speaking of cameos, using Margot Robbie, Selena Gomez, Richard Thaler and Anthony Bourdain to explain the housing market crash was brilliant
I think it was Richard Thaler who did the explaining during the Gomez scene, a rocket scientist of sorts.
(OC) article on retirement plans relating to saving money now and increasing return in the future.
did you see this via Behavioral Economist Richard Thaler on Key to Retirement Savings
yep Richard Pryor turned him into superdick
A Behavioral Economist on the Key to Getting People to Save for Retirement
'"That everybody will figure out how much they have to save and then will just implement that plan is preposterous."
Economist says your kids would much prefer a reduced inheritance to risk you have to move in with them:
"Behavioral economist Richard Thaler on the key to savings" via
Getting People to Build a Nest Egg is Simple - Make it Easier ("Little Nudge, Big Impact")
"Selena Gomez made an appearance — alongside economist Richard Thaler — going over how a collateralized debt obligation works"
Help with your retirement planning.
"Most economists, including me, agree that would make sense for a lot of people" -Richard Thaler
More confirmation that Oregon is taking the right approach.
NHL Stanley Cup Memorabilia from The Bradford Exchange Online
"Lesson from is that people only save if it’s automatic."
Legendary economist explains why longevity annuities are a wise retirement choice:
I usually design 401K plans to have auto enroll for my client companies. Recently, I had an employee thank me for…
Behavioral Economist, Richard Thaler from Booth School of Business, talks about the key to retirement savings
Getting people to build a nest egg is simple, Prof. Thaler says: Make it easier. via
The key to designing the right retirement product is really thinking about the people who use them via
Behavioral Economist Richard Thaler on the Key to Savings by
Top management: if employees at your firm aren't saving enough for retirement, realize that it's your fault.
Dr Thayer reminds us BE doesn't determine the goal but must be directed to stimulate behavior.
How a little nudge can lead to better decisions via Prof. Richard Thaler and Dean Sunil Kumar weigh in.
" The initiative draws on research from University of Chicago economist Richard Thaler and Harvard law school...
What kind of "Misbehaving" does behavioral economics actually license? John McMahon on Richard Thaler:
Our review of Richard Thaler's new book. Or: How behavioral economics trains for neoliberalism:
Robin Young moderates a conversation between Richard Thaler and Daniel Gilbert about Thalers new book Misbehaving.
Habits are contagious - academic effort is influenced by peers - Nudge improving decisions about... by Richard Thaler and Cass Sunstein
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Check out the first chapter of Nudge by Richard Thaler and Cass Sunstein. Or Daniel Kahneman's Thinking Fast, Thinking Slow
Do you know the Richard Thaler / Cass Sunstein book? The aim of a consultation is a balanced & neutral view - no nudging. 1/2
inner chimpanzee refuses to let go. This matters to everything from economics to law.I am the most offensively possessive man on earth. I do something to things. Let me pick up an ashtray from a dime-store counter, pay for it and put it in my pocket—and it becomes a special kind of ashtray, unlike any on earth, because it’s mine. What was true of Wynand, one of the main characters in Ayn Rand’s novel The Fountainhead, may be true of everyone. From basketball tickets to waterfowl-hunting rights to classic albums, once someone owns something, he places a higher value on it than he did when he acquired it—an observation first called the endowment effect about 28 years ago by Richard Thaler, who these days works at the University of Chicago.The endowment effect was controversial for years. The idea that a squishy, irrational bit of human behaviour could affect the cold, clean and rational world of markets was a challenge to neoclassical economists. Their assumption had always been that i ...
In the aftermath of the Little India riot, I have been asked by several people about my views on it. I have resisted writing about the riot as I didn’t think I could add much more to what’s already been said by various more informed commentators. I’m also not particularly familiar with issues related to the welfare of our migrant workers.   But an interview request by Channel News Asia combined with how the riot is being characterized and rationalized by the authorities have forced me to think more deeply about the riot – its causes as well as how I think government and society more generally should respond to it. So here are my preliminary thoughts on the matter.     Resisting our Impulses   One of the things that behavioral economists and cognitive psychologists emphasize is the very human, deeply psychological tendency to respond to complex and unexpected events instinctively – what Daniel Kahneman calls “fast thinking” or what Richard Thaler and Cass Sunstein (of “Nudge”) call th ...
I have been reading "Nudge" by Richard Thaler and wait for it "Cass Sunstein-that's right one of the Obama czars. The book was published in 2008, it has all the plans for the Obama care- SS and a host of other goodies they are planning for us. The main thing they advocate is that if people have too many choices(i.e. free choice) they will make mistakes, so to save us they would limit our choices and nudge us into the direction they want us to go. Because they know so much more than we do. How kind, how thoughtful-take your nudges and - The white house is infested with this kind of garbage, time to clean house(and senate).
Influence by Robert Cialdini. Next, Nudge by Richard Thaler and Cass Sunstein. Behavioral studies is my jam.
Obesity is contagious. If your best friends get fat, your risk of gaining weight goes up. -Richard Thaler and Cass Sunstein "Nudge"
Nudge by Richard Thaler and Cass Sunstein and the ultimate Thinking Fast and Slow by Daniel Kahneman (if you havent read em)
If you are looking for a summer read, "Nudge" by Richard Thaler and Cass Sunstein is a great book
Liberal Paternalism. Influence of others choices in a way that makes "choosers better off" as judged by the elites who impose and limit the choices of others. (Nudge, Richard Thaler, Cass Sunstein")
Just finished Tony Evans' "Kingdom Man" ... wow. Getting into Richard Thaler's "Nudge" tomorrow. Investing in me to better serve you.
David Brooks in NYT on how we make decisions seems to borrow a lot from Richard Thaler's choice architecture
Report in SBP on ntl pension fund and pension opt outs are really +ve steps. Good to see Joan Burton's been reading her Richard Thaler
Mental Accounting” - Richard Thaler, a pioneer in the field of Behavioural Economics and who coined the term mental accounting, defines it as “the inclination to categorise and treat money differently depending on where it comes from, where it is kept and how it is spent.” This leads to what is referred to as the gambler’s fallacy, the tendency of gamblers who lose their winnings, feeling that they haven’t lost anything at all. Precisely, like what my sister said. Thaler along with Cass Sunstein explains this in his book Nudge — Improving Decisions About Health, Wealth and Happiness. “You can also see mental accounting in action at the casino. Watch a gambler who is lucky enough to win some money early in the evening. You might see him take the money he has won and put it into one pocket and put the money he brought with him to gamble that evening (yet another mental account) into a different pocket,” write the authors. The gamblers call their winnings ‘house money’. As the authors wri ...
Jonathan Haidt v good on our innate prejudices. Richard Thaler on how we express them in public
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Article in by Richard Thaler on the UK experience of having experimental social psychology guide public policy
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Cass Sunstein Selena Gomez Behavioral Economics