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"Retirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard - figuring out how much to save - and requires self-control."

— Richard Thaler
richard thaler Quotes Greatest Success,Retirement,Self Control

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R
Richard Thaler
Greatest Success
Retirement
Self Control
Economist
Success Stories
Behavioral Economics

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Behavioral economics can explain some things, but it's hard to explain a lot of the underlying processes that generate these decisions, much less some of these unconscious things that we don't have a handle on at all.

— Edward Boyden

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[There will be movement toward] behavioral economics... [which] involves study of those aspects of men's images, or cognitive and affective structures that are more relevant to economic decisions.

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