Tag: richard thaler

17 Apr 2008

Gabriel Overcriticizes Oversellers

I have to take issue with Gabriel’s criticism here. My comments below:
No Respect for Oversellers

I have no respect for people who grossly oversell their research. Take, for example, Richard H. Thaler and Cass R. Sunstein, Economic policy for humans
In the past 20 years, there has been a growing interest in cutting-edge research that has come [...]

12 Apr 2008

Levitt Seems to Endorse Libertarian Paternalism

The subject has come up before. It gives me some pause, but on the whole, I agree that having sane defaults is just, well, sane. Levitt seems to think so as well:
Nudge

 
I am not a huge fan of what people call “behavioral economics,” which is a subfield of economics that expands the standard economic models [...]