Prof. Richard Thaler wins Nobel Prize Chicago Booth scholar honored ‘for his contributions to behavioural economics’ Photo courtesy of University of Chicago Booth School of Business University of Chicago Prof. Richard H. Thaler has been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017. The Royal Swedish Academy of Sciences honored Thaler, the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business, “for his contributions to behavioural economics,” a relatively new field that bridgesRead More

October 9, 20175:54 AM ET SCOTT NEUMAN In this photo provided by the University of Chicago, Richard Thaler poses for a photo with his books at his home in Chicago after winning the Nobel prize in economics, on Monday. Anne Ryan/AP Updated at 7:20 a.m. ET 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 from the Royal Swedish Academy of Sciences in Stockholm said the 72-year-old Thaler “has incorporated psychologically realistic assumptionsRead More