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Richard Thaler Quotes: 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.


Richard Thaler
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"Richard Thaler Quotes." Quoteslyfe.com, 2024. Mon. 22 Jul. 2024. <https://www.quoteslyfe.com/quote/So-what-s-a-nudge-A-nudge-997876>.





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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.



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.



I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.

I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.





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The best way to be original is to not copy anyone.

The best way to be original is to not copy anyone.



If something happens that causes you Pain, remind yourself that you can’t get the Rainbow without a little Rain.

If something happens that causes you Pain, remind yourself that you can’t get the Rainbow without a little Rain.



Travel improves the mind wonderfully, and does away with all one’s prejudices.

Travel improves the mind wonderfully, and does away with all one’s prejudices.



The smallest feline is a masterpiece.

The smallest feline is a masterpiece.



Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss.

Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss.



I travel. I do a lot of traveling around the world.

I travel. I do a lot of traveling around the world.



Modern animated movies are the products not of anyone’s individual vision, but rather a scattered accumulation of compromises made out of fear by members of large committees.

Modern animated movies are the products not of anyone’s individual vision, but rather a scattered accumulation of compromises made out of fear by members of large committees.



Time, to the nation as to the individual, is nothing absolute; its duration depends on the rate of thought and feeling.

Time, to the nation as to the individual, is nothing absolute; its duration depends on the rate of thought and feeling.



It is not enough to dream of the Impossible Love - it is necessary to conquer it too.

It is not enough to dream of the Impossible Love - it is necessary to conquer it too.



See what you can do. See what you want to do. See what you will do about it. Find your way out.

See what you can do. See what you want to do. See what you will do about it. Find your way out.




Quote Description


This page presents the quote "So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.". Author of this quote is Richard Thaler. This quote is about nudge, environment, behavior, attention,.