Why Richard Thaler Won The 2017 Economics Nobel Prize
from The Conversation
– this post authored by Sergey V. Popov, Cardiff University
The 49th Sveriges Riksbank prize in economic sciences – commonly referred to as the Nobel Prize for economics – has been awarded to Richard H Thaler for his contributions to behavioural economics. He was a key proponent of the idea that humans do not act entirely rationally. By applying insights from psychological research, he helped the world better understand people’s economic decision-making in particular.
Source: http://econintersect.com/pages/opinion/opinion.php?post=201710142257
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