Avinash Dixit Quotes

India, Economist
August 6, 1944

Avinash Kamalakar Dixit is an Indian-American economist. He was the John J. F. Sherrerd '52 University Professor of Economics Emeritus at Princeton University, Distinguished Adjunct Professor of Economics at Lingnan University (Hong Kong), senior research fellow at Nuffield College, Oxford and Sanjaya Lall Senior Visiting Research Fellow at Green Templeton College, Oxford.

The analyses ... often become too competent to be comprehensible.

Avinash Dixit
The dummies and slackers, by their mere existence, are imposing a negative externality on the skilled and dedicated.

Avinash Dixit

Putting yourself in others’ shoes so as to predict and influence what they will do.

Avinash Dixit
If you have just two alternative strategies, and one of them is dominated, then the other must be dominant.

Avinash Dixit
- Strategies
- Dominated
The wisdom of taking risks early applies to most aspects of life, whether it be career choices, investments, or dating.

Avinash Dixit
- Life
- Wisdom
- Risks
Thus microeconomics of the financial sector—bad incentives and externalities—was the root cause of the macroeconomic effects—loss of output and high unemployment.

Avinash Dixit
It may not be enough to play a game well—you must also be sure you are playing the right game.

Avinash Dixit
- Game
- Play
- Right
You might think that having more options is always a good thing. But thinking strategically, you can often do better by cutting off options.

Avinash Dixit
- Thinking
- Cutting
- Options

Tis better to have loved and lost than never to have loved at all.' In other words, love is a dominant strategy.

Avinash Dixit
- Love
- Strategy
- Dominant
Actions speak louder than words.

Avinash Dixit
- Words
- Speak
- Actions
One of the general morals of this story is that if you have to take some risks, it is often better to do so as quickly as possible.

Avinash Dixit
- Story
- Possible
- Risks