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Robert H. Frank Quotes: The most glaring deficiency in traditional economic models is that they completely ignore the role of context in evaluation.
         

The most glaring deficiency in traditional economic models is that they completely ignore the role of context in evaluation.


Robert H. Frank
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Other quotes of Robert H. Frank


Life is graded on the curve. It's not how big you are, how strong you are, how smart you are. It's how good you are at the things that count relative to the people around you.

Life is graded on the curve. It's not how big you are, how strong you are, how smart you are. It's how good you are at the things that count relative to the people around you.



No society has ever succeeded without a decent government.

No society has ever succeeded without a decent government.



If government is inevitable, the challenge is to come up with the most effective one possible.

If government is inevitable, the challenge is to come up with the most effective one possible.



Pass down values every day through your actions, your words and your time with your kids.

Pass down values every day through your actions, your words and your time with your kids.



If the search is for examples that contradict the predictions of standard economic models, a good rule of thumb is to start in France.

If the search is for examples that contradict the predictions of standard economic models, a good rule of thumb is to start in France.



In short both the things we feel we need and the things available for us to buy depend largely—beyond some point, almost entirely—on the things that others choose to buy.

In short both the things we feel we need and the things available for us to buy depend largely—beyond some point, almost entirely—on the things that others choose to buy.



The most common mistake we make as teachers is attempting to tell our students too much.

The most common mistake we make as teachers is attempting to tell our students too much.



As economists have long noted, the puzzle is not that so few people vote, it's that so many do. After all, no individual's vote has ever tipped the balance in a presidential election.

As economists have long noted, the puzzle is not that so few people vote, it's that so many do. After all, no individual's vote has ever tipped the balance in a presidential election.



When people bump up against one another in the course of pursuing their goals, it is in everyone's interest to resolve any resulting problems in the least costly ways possible.

When people bump up against one another in the course of pursuing their goals, it is in everyone's interest to resolve any resulting problems in the least costly ways possible.



The link between rational individual behavior and collectively desirable outcomes is extremely tenuous.

The link between rational individual behavior and collectively desirable outcomes is extremely tenuous.





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It is important to have a dream, but a dream is absolutely nothing until you start to consistently give life to it through strategic actions.

It is important to have a dream, but a dream is absolutely nothing until you start to consistently give life to it through strategic actions.



Girls should be taught at school that giving birth to an unnaturally over-sized western baby that no longer fits down the birth canal may lead to a multitude of long term health problems.

Girls should be taught at school that giving birth to an unnaturally over-sized western baby that no longer fits down the birth canal may lead to a multitude of long term health problems.



But in a time of war, knowledge made interesting friendships. Soon, the scholars and the thieves were . . . well, thick as thieves.

But in a time of war, knowledge made interesting friendships. Soon, the scholars and the thieves were . . . well, thick as thieves.



After working for so long on being sure of each other, sure of this thing, suddenly we were unsure again.

After working for so long on being sure of each other, sure of this thing, suddenly we were unsure again.



The more toppings a man has on his pizza, I believe the more manly he is. [...] A manly man don't want it piled high with vegetables! He would call that a sissy pizza.

The more toppings a man has on his pizza, I believe the more manly he is. [...] A manly man don't want it piled high with vegetables! He would call that a sissy pizza.



When I was in my 20s I wasn't sure of myself. Now I can really stretch. I don't have to stay in the box. At this point I can say to myself, So what if I fall, so what? I'm going to get back up.

When I was in my 20s I wasn't sure of myself. Now I can really stretch. I don't have to stay in the box. At this point I can say to myself, So what if I fall, so what? I'm going to get back up.



My wife has lived with at least five different men since we were wed - and each of the five has been me.

My wife has lived with at least five different men since we were wed - and each of the five has been me.



When somebody has convinced you that you're not worth anything to anybody anymore, and they spend a lot of time doing it, you start believing it yourself.

When somebody has convinced you that you're not worth anything to anybody anymore, and they spend a lot of time doing it, you start believing it yourself.



Our Poets make us laugh at Tragœdy, And with their Comoedies they make us cry.

Our Poets make us laugh at Tragœdy, And with their Comoedies they make us cry.



I'm not an actor - and I've got 64 films to prove it!

I'm not an actor - and I've got 64 films to prove it!




Quote Description


This page presents the quote "The most glaring deficiency in traditional economic models is that they completely ignore the role of context in evaluation.". Author of this quote is Robert H. Frank. This quote is about roles, deficiency, economic models, of context, traditional, evaluation,.