Default options are powerful. Most people stick with whateve... - Thaler, Richard

This quote is attributed to Thaler, Richard.

"Default options are powerful. Most people stick with whatever is pre-selected for them."

Thaler, Richard Power

Behavioral Economist American Born 1945 (age 81)

More from Thaler, Richard

"People are not always rational. We make systematic mistakes."

"The most important thing to understand about Behavioral Economics is that people are not rational."

"We are all vulnerable to cognitive biases."

"Humans are not the perfectly rational agents that standard economic theory assumes."

"Power without control is just destruction."

"Power is not about control, it's about influence"

"The world doesn't need me to be the hero. It just needs me to be dangerous."

"The claws come out when I need them to."