Luis

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Richard H. Thaler
“people have a strong tendency to go along with the status quo or default option.”
Richard H. Thaler, Nudge: Improving Decisions About Health, Wealth, and Happiness

Richard H. Thaler
“One of the causes of status quo bias is a lack of attention. Many people adopt what we will call the “yeah, whatever” heuristic.”
Richard H. Thaler, Nudge: Improving Decisions About Health, Wealth, and Happiness

Richard H. Thaler
“The first misconception is that it is possible to avoid influencing people’s choices.”
Richard H. Thaler, Nudge: Improving Decisions About Health, Wealth, and Happiness

Richard H. Thaler
“Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.”
Richard H. Thaler, Nudge: Improving Decisions About Health, Wealth, and Happiness

Richard H. Thaler
“The combination of loss aversion with mindless choosing implies that if an option is designated as the “default,” it will attract a large market share. Default options thus act as powerful nudges.”
Richard H. Thaler, Nudge: Improving Decisions About Health, Wealth, and Happiness

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