Richard H. Thaler receiving his Prize from H.M. King Carl XVI Gustaf of Sweden at the Stockholm Concert Hall, 10 December 2017. Copyright © Nobel Media AB 2017
Photo: Pi Frisk

Richard H. Thaler after receiving his Prize at the Stockholm Concert Hall, 10 December 2017.

Richard H. Thaler on stage. Copyright © Nobel Media AB 2017
Photo: Pi Frisk

Overview from the Nobel Prize Award Ceremony at the Stockholm Concert Hall, 10 December 2017.

© Nobel Media AB. Photo: Pi Frisk

Richard H. Thaler with his wife France Leclerc after the award ceremony in Stockholm, Sweden on 10 December 2017.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

Richard H. Thaler at the Nobel Prize banquet in the Stockholm City Hall, 10 December 2017.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

Richard H. Thaler photographed during the Nobel Prize banquet, 10 December 2017.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

Richard H. Thaler delivering his speech of thanks at the Nobel Prize banquet in the Stockholm City Hall, 10 December 2017.

© Nobel Prize Outreach. Photo: Dan Lepp

Richard H. Thaler having a look at the Nobel Foundation's guest book, signed by the laureates since 1952, during his visit to the Nobel Foundation in December 2017.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

Richard H. Thaler showing his medal during a visit to the Nobel Foundation on 11 December 2017.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

Richard H. Thaler taking a closer look at his diploma during his visit to the Nobel Foundation.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

2017 laureates assembled at the Nobel Foundation during Nobel Week on 12 December 2017. Back row: chemistry laureate Jacques Dubochet, physics laureate Barry C. Barish medicine laureates Michael W. Young and Michael Rosbash, physics laureate Kip S. Thorne and chemistry laureate Joachim Frank. Front row: medicine laureate Jeffrey C. Hall, representatives of peace laureate ICAN Beatrice Fihn and Josefin Lind, Richard H. Thaler, chemistry laureate Richard Henderson and physics laureate Rainer Weiss.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

Like many Laureates before him, Richard H. Thaler autographs a chair at the 2017 Nobel Laureates' Get together at the Nobel Museum in Stockholm on 6 December 2017. Copyright © Nobel Media AB 2017
Photo: Alexander Mahmoud

From left: Richard Thaler, economic sciences prize 2017 with Daniel Kahneman, economic sciences prize 2002 during Nobel Week, December 2017.

© Nobel Prize Outreach. Photo: Alexander Mahmoud

Richard Thaler stands on his back terrace after the announcement of the 2017 Prize in Economic Sciences, on 9 October 2017.

Photo: University of Chicago/Anne Ryan.

Richard Thaler poses with his books after the announcement of the 2017 Prize in Economic Sciences, on 9 October 2017.

Photo: University of Chicago/Anne Ryan.

Richard Thaler consults his wife France Leclerc about which shirt to wear for the interviews after being awarded the Prize in Economic Sciences on 9 October 2017.

Photo: University of Chicago/Anne Ryan.