Behavioral economics quotes:

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The lesson from behavioral economics is that people only save if it's automatic. -- Richard Thaler
The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics. -- Daniel Kahneman
One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we're in. -- Dan Ariely
I started to read as obsessively about Star Wars as I once did about Kant - and still do about behavioral economics and behavioral psychology. -- Cass Sunstein
[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. -- Kenneth E. Boulding
January is always a good month for behavioral economics: Few things illustrate self-control as vividly as New Years resolutions. February is even better, though, because it lets us study why so many of those resolutions are broken. -- Sendhil Mullainathan
January is always a good month for behavioral economics: Few things illustrate self-control as vividly as New Year's resolutions. February is even better, though, because it lets us study why so many of those resolutions are broken. -- Sendhil Mullainathan
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! -- Dan Ariely
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. -- Dennis Prager
How could economics not be behavioral? If it isn't behavioral, what the hell is it? -- Charlie Munger
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. -- Lester Thurow
Retirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard - figuring out how much to save - and requires self-control. -- Richard Thaler

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