Richard Thaler Quotes


People are less likely to think it's immoral to walk away from their home if they know others who have done so. And if enough people do it, the stigma begins to erode.


Citations

Thaler, Richard H. "Underwater, but Will They Leave the Pool?." The New York Times, 24 Jan. 2010.

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Richard Thaler
Richard Thaler
  • Born: September 12, 1945
  • Nationality: American
  • Profession: Nobel Laureate in Economics

Richard H. Thaler is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2015, Thaler was president of the American Economic Association.