Diversity of thought improves decision-making. Groups with v... - Thaler, Richard

This quote is attributed to Thaler, Richard.

"Diversity of thought improves decision-making. Groups with varied perspectives outperform homogeneous ones."

Thaler, Richard Leadership

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."

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

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