WASHINGTON
— Richard H. Thaler, whose work has persuaded many economists to pay
more attention to human behavior, and many governments to pay more
attention to economics, was awarded the Nobel Memorial Prize in Economic
Sciences on Monday.
— Richard H. Thaler, whose work has persuaded many economists to pay
more attention to human behavior, and many governments to pay more
attention to economics, was awarded the Nobel Memorial Prize in Economic
Sciences on Monday.
Professor
Thaler is the rare economist to win a measure of fame before winning
the prize. He is an author of a best-selling book, “Nudge,” about
helping people to make better decisions. He also appeared in the 2015
film “The Big Short,” delivering what is surely one of the most widely
viewed tutorials in the history of economics, on the causes of the 2008
financial crisis.
Thaler is the rare economist to win a measure of fame before winning
the prize. He is an author of a best-selling book, “Nudge,” about
helping people to make better decisions. He also appeared in the 2015
film “The Big Short,” delivering what is surely one of the most widely
viewed tutorials in the history of economics, on the causes of the 2008
financial crisis.
The
Nobel committee, announcing the award in Stockholm, said that it was
honoring Professor Thaler for his pioneering work in establishing that
people are predictably irrational — that they consistently behave in
ways that defy economic theory. People will refuse to pay more for an
umbrella during a rainstorm; they will use the savings from lower gas
prices to buy premium gasoline; they will offer to buy a coffee mug for
$3 and refuse to sell it for $6.
Nobel committee, announcing the award in Stockholm, said that it was
honoring Professor Thaler for his pioneering work in establishing that
people are predictably irrational — that they consistently behave in
ways that defy economic theory. People will refuse to pay more for an
umbrella during a rainstorm; they will use the savings from lower gas
prices to buy premium gasoline; they will offer to buy a coffee mug for
$3 and refuse to sell it for $6.
Nobel in Economics Is Awarded to Richard Thaler - The New York Times
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
No comments:
Post a Comment