Richard H Thaler(@R_Thaler) 's Twitter Profileg
Richard H Thaler

@R_Thaler

Professor of Behavioral Science and Economics, @CDR_Booth, @ChicagoBooth Co-author of Nudge:The Final edition, author of Misbehaving. Slayer of #sludge

ID:352673744

linkhttp://faculty.chicagobooth.edu/richard.thaler/index.html calendar_today10-08-2011 23:13:24

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

I applaud that editor. I believe there is a bias in editorial decisions in econ journals in favor of papers that “look hard” to produce. Degree of difficulty should be used to judge gymnastics and figure skating, not scientific contributions.

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

A nice collection of thoughts by some of the many people who got to know Danny Kahneman over the years.

Remembering Daniel Kahneman: A Mosaic of Memories and Lessons behavioralscientist.org/remembering-da… via Behavioral Scientist

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

Interesting post, to which I would add, that the *vast* majority of drug compounds that are investigated never get to the testing phase so 0 effect. Average is meaningless.

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

As we stress in the Final Edition of Nudge, opt out is *not* a good way to increase organ donations. This piece does a good job of explaining why. ⁦Cass Sunstein⁩ dailymail.co.uk/health/article…

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Adnan Sharif(@AdnanSharif1979) 's Twitter Profile Photo

Richard H Thaler Cass Sunstein Matt Darling 🌐🏗️ Ben Gross 🔆 This has been shown in an empirical comparison of OECD ➡️ Better Policies for Better Lives countries with opt in versus opt out systems.

No meaningful difference in transplant activity (in fact ⬇️ living donor rates with opt out).

Published in Kidney International - link below:

kidney-international.org/article/S0085-…

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

Very nice piece from a Chicago Booth who took two classes from me and caught the behavioral finance bug.
Daniel Kahneman: The Unlikely Economist morningstar.com/personal-finan…

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Nicholas Kristof(@NickKristof) 's Twitter Profile Photo

Excellent New York Times Opinion essay by Chef José Andrés 🕊️🥘🍳: 'Israelis know...food is not a weapon of war. Israel is better than the way this war is being waged. It is better than blocking food and medicine to civilians. It is better than killing aid workers.' nytimes.com/2024/04/03/opi…

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

Here is a short talk from Danny on this topic. I love his line that when someone is confronted with data seeming to contract their theory, they gain 15 IQ points enabling them to construct an explanation. edge.org/adversarial-co…

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Arturo Herrera Gutiérrez(@ArturoHerrera_G) 's Twitter Profile Photo

⁩⁦Cass Sunstein⁩ writes in today’s NYT about the late Nobel Laureate Daniel Kahneman, highlighting his willingness to work with people with different views. I think this is very important in times of growing polarization and lack of tolerance. nytimes.com/2024/04/01/opi…

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

A key factor here: he must have the correct phone number on speed dial. This has to be rehearsed. As it should be in this case.

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

Did you know that in Sweden most people can file their tax return by text message?
Tax prep firms have prevented that from happening here but this new effort is a good first step. If eligible, try it and give feedback! Danny Werfel wants to make this work and you can help.

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

Love solar and the @tesla battery but customers depend on installers such as Semper Solaris who we hired. They made a mistake in the installation. Now they just don't answer the phone or reply to messages. Maybe Elon can help? I love the batteries and cars! Any ideas welcome.

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Cass Sunstein(@CassSunstein) 's Twitter Profile Photo

An essay by Richard H Thaler and yours truly on Danny Kahneman and Amos Tversky, his greatest collaborator.
newyorker.com/books/page-tur…

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

I was so lucky to be able to have Danny Kahneman as a best friend and collaborator for decades. He usually ended our conversations with 'to be continued...' but I now have to simulate his part which is impossible. My favorite image of us 'working'.

I was so lucky to be able to have Danny Kahneman as a best friend and collaborator for decades. He usually ended our conversations with 'to be continued...' but I now have to simulate his part which is impossible. My favorite image of us 'working'.
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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

An interesting analysis, as I would expect. But here is a question: why is Wikipedia so good? Not perfect, of course, but damn good. A non-profit moderated by volunteers. (Thanks Jimmy Wales). So it is not impossible for on-line media to be quite good. Maybe a lesson there?

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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

This sounds very sensible. Why not invite an academic to do an evaluation of the policy? Get in touch if you want to discuss.

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Brookings Econ(@BrookingsEcon) 's Twitter Profile Photo

TODAY: Bill Gale will lay out four proposals for simplifying the increasingly complicated federal tax system.

A panel discussion including Richard Rubin, Natasha Sarin, Margot Crandall-Hollick, and Ariel Greenblum will follow.

Register->brookings.edu/events/radical…

TODAY: @WilliamGale2 will lay out four proposals for simplifying the increasingly complicated federal tax system. A panel discussion including @RichardRubinDC, @NatashaRSarin, Margot Crandall-Hollick, and Ariel Greenblum will follow. Register->brookings.edu/events/radical…
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Richard H Thaler(@R_Thaler) 's Twitter Profile Photo

Never argue with a four year old. I can say that I have known Elspeth for many years and have not found her to be remotely boring. Disclosure: my memory was never good and is getting worse, and some of the sample draws on pub nights with the The Behavioural Insights Team.

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