File:Richard_Thaler_Chatham.jpg · Wikimedia Commons · See Wikimedia Commons
Richard Thaler is an American economist who studies how people make financial and economic decisions in real life, often departing from the rational behavior that traditional economic theory assumes. His research matters because it has reshaped how economists, policymakers, and businesses understand human decision-making and has influenced practical applications in policy design and financial planning.
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Nobel Prize
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel2017
“for his contributions to behavioural economics”
Wikidata facts
- Instance of
- human
- Given name
- Richard
- Gender
- male
- Citizenship
- United States
- Place of birth
- East Orange
- Occupation
- economist
- Position held
- president
- Educated at
- University of Rochester
- Employer
- Santa Clara University
- Languages spoken
- English language
- Religion
- Judaism
- Academic degree
- Doctor of Philosophy
- Doctoral advisor
- Sherwin Rosen
- Field of work
- behavioral economics
- Image
- Richard Thaler Chatham.jpg
Show 11 more facts
- date of birth
- 1945-12-09
- member of
- Econometric Society
- name in native language
- Richard H. Thaler
- Commons category
- Richard Thaler
- ethnic group
- Jewish people
- influenced by
- Daniel Kahneman
- social media followers
- 200434
- affiliation string
- University of Chicago
- affiliation
- University of Chicago Press
- maintained by WikiProject
- WikiProject Mathematics
- interested in
- economics
Sources (8)
via Wikidata · CC0
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Encyclopedic overview
Richard H. Thaler (/ˈθeɪlər/; born September 12, 1945) is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2015, Thaler was president of the American Economic Association.
Thaler is a theorist in behavioral economics. He has collaborated with Daniel Kahneman, Amos Tversky, and others in further defining that field. In 2018, he was elected a member in the National Academy of Sciences.
Excerpted from Wikipedia’s “Richard Thaler” article, available under the CC BY-SA 4.0 licence.