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Richard Thaler Quotes: Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.
         

Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.


Richard Thaler
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"Richard Thaler Quotes." Quoteslyfe.com, 2024. Tue. 18 Jun. 2024. <https://www.quoteslyfe.com/quote/Most-people-start-claiming-benefits-within-a-997894>.





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Other quotes of Richard Thaler


When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.

When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.



My mantra is if you want to help people accomplish some goal, make it easy.

My mantra is if you want to help people accomplish some goal, make it easy.



There's no reason to think that markets always drive people to what's good for them.

There's no reason to think that markets always drive people to what's good for them.



People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.



Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.

Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.



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

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



So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.



Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.

Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.



A good rule of thumb is to assume that everything matters.

A good rule of thumb is to assume that everything matters.



There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.





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To die famous is the goal of the immortal. To die young is the goal of the healthy. To die memorably is the goal of the survivor.

To die famous is the goal of the immortal. To die young is the goal of the healthy. To die memorably is the goal of the survivor.



Music does not need a visa to enter your heart.

Music does not need a visa to enter your heart.



Tolerance is a tremendous virtue but the immediate neighbours of tolerance are apathy and weakness.

Tolerance is a tremendous virtue but the immediate neighbours of tolerance are apathy and weakness.



What is uttered from the heart alone, Will win the hearts of others to your own.

What is uttered from the heart alone, Will win the hearts of others to your own.



English clubs are very exclusive. I played Royal Foxshire and they made me wear a suit and tie. . . in the shower.

English clubs are very exclusive. I played Royal Foxshire and they made me wear a suit and tie. . . in the shower.



I have little feet because nothing grows in the shade.

I have little feet because nothing grows in the shade.



I'll tell you the secret. When you begin with a character, you want to begin by creating a villain.

I'll tell you the secret. When you begin with a character, you want to begin by creating a villain.



I speak and the child plays: who can be more serious than we are?

I speak and the child plays: who can be more serious than we are?



I was the last, the sole survivor. The most honorable thing a survivor could do was survive. If you stayed on your feet, stayed alive, you were the winner.

I was the last, the sole survivor. The most honorable thing a survivor could do was survive. If you stayed on your feet, stayed alive, you were the winner.



I wish that people who are conventionally supposed to love each other would say to each other, when they fight, "Please - a little less love, and a little more common decency."

I wish that people who are conventionally supposed to love each other would say to each other, when they fight, "Please - a little less love, and a little more common decency."




Quote Description


This page presents the quote "Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.". Author of this quote is Richard Thaler. This quote is about benefits, people, increase, waiting, years,.