News

Richard H. Thaler Wins Nobel Prize in Economics

9 October, 2017

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017 was awarded to Richard H. Thaler for his contributions to behavioural economics, a relatively new field that bridges the gap between economics and psychology. Thaler’s research investigates the implications of relaxing the standard economic assumption that everyone in the economy is rational and selfish, instead entertaining the possibility that some of the agents in the economy are sometimes human.

Richard H. Thaler is  the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business.

Source: https://news.uchicago.edu/article/2017/10/09/richard-thaler-wins-nobel-prize-his-contributions-behavioural-economics