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Behavioral Economics Quotes

Rather than dividing the world between good and evil, the Left divided the world in terms of economics. Economic classes, not moral values, explained human behavior. Therefore, to cite a common example, poverty, not one’s moral value system, or lack of it, caused crime Picture Quote #1
It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like Homer Simpson than Superman. So from this perspective it is rather depressing. But at the same time there is also a silver lining. There are free lunches! Picture Quote #1
[There will be movement toward] behavioral economics... [which] involves study of those aspects of men’s images, or cognitive and affective structures that are more relevant to economic decisions Picture Quote #1
The lesson from behavioral economics is that people only save if it’s automatic Picture Quote #1
One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we’re in Picture Quote #1
One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists Picture Quote #1
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics Picture Quote #1
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Rather than dividing the world between good and evil, the Left divided the world in terms of economics. Economic classes, not moral values, explained human behavior. Therefore, to cite a common example, poverty, not one’s moral value system, or lack of it, caused crime  (Behavioral Economics Quotes) It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like Homer Simpson than Superman. So from this perspective it is rather depressing. But at the same time there is also a silver lining. There are free lunches!  (Behavioral Economics Quotes) [There will be movement toward] behavioral economics... [which] involves study of those aspects of men’s images, or cognitive and affective structures that are more relevant to economic decisions  (Behavioral Economics Quotes) The lesson from behavioral economics is that people only save if it’s automatic  (Behavioral Economics Quotes) One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we’re in.  (Behavioral Economics Quotes) One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.  (Behavioral Economics Quotes) The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics  (Behavioral Economics Quotes)