When I interviewed Richard Thaler a few years ago for a Forbes magazine piece, I was confident enough to tell him he "was going to get a call from Stockholm." Well, it took a few years, but Thaler, a ...

This article is more than 8 years old. Moreover, the mere notion of “nudge” remained unclear over time, and ended up incorporating almost all forms of suggestion or assistance to individual decisions, ...

Richard Thaler, who earned his undergraduate degree in economics from Adelbert College, earned the 2017 Nobel Memorial Prize in Economic Sciences for his contributions to the field of behavioral ...

The term refers to what we have internalized as the fair price for a product or service. It’s often out of sync with what things now actually cost. By Talmon Joseph Smith Our columnist spoke with a ...

STOCKHOLM — University of Chicago academic Richard Thaler was awarded the Nobel prize for economics on Monday. The $1.1-million prize was given to the American for his "understanding the psychology of ...

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Richard Thaler has spent a career proving that humans are not quite as rational as economists once believed. His new book, "The Winner’s Curse: Behavioral Economics Anomalies, Then and Now," revisits ...

Nobel Prize-winning economist Richard Thaler said the U.S. economy was showing more signs of strength than weakness. The author of "Nudge: Improving Decisions About Health, Wealth, and Happiness" also ...

Richard Thaler, a University of Chicago professor considered a founder of the field of behavioral economics, won the Nobel Memorial Prize in economics Monday for his research using psychology and ...

The Nobel Memorial Prize in Economic Sciences went to Richard Thaler on Monday to honor his scholarly heresy. His work challenges the central principle of modern economics — the assumption that people ...

Economists long believed that people were rational actors — that they would spend their money in the most efficient way possible. However, Richard Thaler, along with fellow Nobel laureate Daniel ...

The 2017 Nobel Prize in Economic Sciences has been awarded to Richard Thaler of the University of Chicago for his pioneering work in behavioral economics. The announcement was made in Stockholm.