10 October 2017
The 2017 Nobel Prize in Economics has been announced. It was been awarded to Richard H. Thaler "for his contributions to behavioral economics". Thaler is a key representative figure in the field of behavioral economics and finance. His contributions have built a bridge between the economic and psychological analyses of individual decision-making. Thaler was born in 1945 in the United States. He is the distinguished service Professor at the University of Chicago Booth School of Business, USA.