2017

Press release

English 9 October 2017 has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017 to Richard H. ThalerUniversity of Chicago, IL, USA “for his contributions to behavioural economics” Integrating economics with psychology Richard H. Thaler has incorporated psychologically realistic assumptions into analyses of economic decision-making. By exploring the…

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The Prize in Economic Sciences 2017 The American economist Richard H. Thaler is a pioneer in behavioural economics, a research field in which insights from psychological research are applied to economic decision-making. A behavioural perspective incorporates more realistic analysis of how people think and behave when making economic decisions, providing new opportunities for designing measures…

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