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HOME/PEOPLE/RICHARD THALER
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Richard Thaler

ROLE NOBEL PRIZE-WINNING BEHAVIORAL ECONOMISTMENTIONS 1LAST SEEN JULY 27, 2026
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mention·My First Million·JULY 27, 2026

The way that businesses are structured, as you push responsibility and accountability further and further down the organization, they become more and more risk averse... they would prefer a definite 5% to 10% to a probabilistic, a 50% chance of 50%.

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Richard Thaler — 1 mention on Teahose