The power of peers and social influence cannot be overstated... - Thaler, Richard

This quote is attributed to Thaler, Richard.

"The power of peers and social influence cannot be overstated. We are profoundly affected by those around us."

Thaler, Richard Relationships

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."

"The key to a happy marriage is communication."

"Marriage is about compromise and understanding."

"Life's greatest treasures are relationships."

"Trust is a luxury I can't afford."