Details about Richard H. Thaler

Homepage:	http://gsbwww.uchicago.edu/fac/richard.thaler/research/vita.htm
Workplace:	Booth School of Business, University of Chicago, (more information at EDIRC)

Access statistics for papers by Richard H. Thaler.

Last updated 2024-02-18. Update your information in the RePEc Author Service.

Short-id: pth67

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Working Papers

2020

1. Biographical
   Nobel Prize in Economics documents, Nobel Prize Committee

2017

2. From Cashews to Nudges: The Evolution of Behavioral Economics
   Nobel Prize in Economics documents, Nobel Prize Committee View citations (6)
   See also Journal Article From Cashews to Nudges: The Evolution of Behavioral Economics, American Economic Review, American Economic Association (2018) View citations (64) (2018)
3. The Past, Present, and Future of Economics: A Celebration of the 125-Year Anniversary of the JPE and of Chicago Economics
   Natural Field Experiments, The Field Experiments Website View citations (4)

2005

4. Overconfidence vs. Market Efficiency in the National Football League
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)

2004

5. Save more tomorrow: Using behavioral economics to increase employee saving
   Natural Field Experiments, The Field Experiments Website View citations (811)
   See also Journal Article Save More Tomorrow (TM): Using Behavioral Economics to Increase Employee Saving, Journal of Political Economy, University of Chicago Press (2004) View citations (739) (2004)

2003

6. Anomalies: Intertemporal Choice
   Levine's Working Paper Archive, David K. Levine View citations (35)
7. Individual Preferences, Monetary Gambles and the Equity Premium
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)

2002

8. A Survey of Behavioral Finance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (137)
   See also Chapter A survey of behavioral finance, Handbook of the Economics of Finance, Elsevier (2003) View citations (934) (2003)

2001

9. Can the Market Add and Subtract? Mispricing in Tech Stock Carve-Outs
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
   Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (1)
   See also Journal Article Can the Market Add and Subtract? Mispricing in Tech Stock Carve-outs, Journal of Political Economy, University of Chicago Press (2003) View citations (265) (2003)

2000

10. Behavioral Economics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (98)
    See also Journal Article Behavioral Economics, Journal of Political Economy, University of Chicago Press (2017) View citations (8) (2017)

1997

11. Do Changes in Dividends Signal the Future or the Past?
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (261)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago
    See also Journal Article Do Changes in Dividends Signal the Future or the Past?, Journal of Finance, American Finance Association (1997) View citations (269) (1997)
12. Probabilistic insurance
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (73)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1997) View citations (84)
    See also Journal Article Probabilistic Insurance, Journal of Risk and Uncertainty, Springer (1997) View citations (81) (1997)

1996

13. Labor Supply of New York City Cab Drivers: One Day At A time
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences
    See also Journal Article Labor Supply of New York City Cabdrivers: One Day at a Time, The Quarterly Journal of Economics, President and Fellows of Harvard College (1997) View citations (564) (1997)

1994

14. Financial Decision-Making in Markets and Firms: A Behavioral Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
15. Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?, Journal of Finance, American Finance Association (1995) View citations (344) (1995)

1993

16. Myopic Loss Aversion and the Equity Premium Puzzle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    See also Journal Article Myopic Loss Aversion and the Equity Premium Puzzle, The Quarterly Journal of Economics, President and Fellows of Harvard College (1995) View citations (1105) (1995)

1991

17. Investor Sentiment and the Closed-End Fund Puzzle
    Scholarly Articles, Harvard University Department of Economics View citations (638)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (1)
    See also Journal Article Investor Sentiment and the Closed-End Fund Puzzle, Journal of Finance, American Finance Association (1991) View citations (644) (1991)
18. Window Dressing by Pension Fund Managers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (223)

1990

19. Anomalies: Closed-End Mutual Funds
    Scholarly Articles, Harvard University Department of Economics View citations (42)

1980

20. JUDGEMENT AND DECISION MAKING UNDER UNCERTAINTY: WHAT ECONOMISTS CAN LEARN FROM PSYCHOLOGY
    Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture View citations (3)
21. Public Policy Toward Life Saving: Maximize Lives Saved vs. Consumer Sovereignty
    NBER Working Papers, National Bureau of Economic Research, Inc

1977

22. An Economic Theory of Self-Control
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article An Economic Theory of Self-Control, Journal of Political Economy, University of Chicago Press (1981) View citations (891) (1981)

Journal Articles

2022

1. A citywide experiment testing the impact of geographically targeted, high-pay-off vaccine lotteries
   Nature Human Behaviour, 2022, 6, (11), 1515-1524 View citations (4)

2018

2. Economía del comportamiento: pasado, presente y futuro
   Revista de Economía Institucional, 2018, 20, (38), 9-43 View citations (1)
3. From Cashews to Nudges: The Evolution of Behavioral Economics
   American Economic Review, 2018, 108, (6), 1265-87 View citations (64)
   See also Working Paper From Cashews to Nudges: The Evolution of Behavioral Economics, Nobel Prize in Economics documents (2017) View citations (6) (2017)
4. When Nudges Are Forever: Inertia in the Swedish Premium Pension Plan
   AEA Papers and Proceedings, 2018, 108, 153-58 View citations (20)

2017

5. Behavioral Economics
   Journal of Political Economy, 2017, 125, (6), 1799 - 1805 View citations (8)
   See also Working Paper Behavioral Economics, NBER Working Papers (2000) View citations (98) (2000)

2016

6. Behavioral Economics: Past, Present, and Future
   American Economic Review, 2016, 106, (7), 1577-1600 View citations (169)

2015

7. Foreword
   American Economic Review, 2015, 105, (5), xi-xii
8. Standing United or Falling Divided? High Stakes Bargaining in a TV Game Show
   American Economic Review, 2015, 105, (5), 402-07 View citations (17)

2013

9. The Loser's Curse: Decision Making and Market Efficiency in the National Football League Draft
   Management Science, 2013, 59, (7), 1479-1495 View citations (50)

2012

10. Split or Steal? Cooperative Behavior When the Stakes Are Large
    Management Science, 2012, 58, (1), 2-20 View citations (55)

2011

11. Annuitization Puzzles
    Journal of Economic Perspectives, 2011, 25, (4), 143-64 View citations (115)
12. Helping Consumers Know Themselves
    American Economic Review, 2011, 101, (3), 417-22 View citations (22)

2009

13. FELLOW OF THE AMERICAN FINANCE ASSOCIATION FOR 2009
    Journal of Finance, 2009, 64, (5), v-vii
14. The Nominal Share Price Puzzle
    Journal of Economic Perspectives, 2009, 23, (2), 121-42 View citations (44)

2008

15. Commentary—Mental Accounting and Consumer Choice: Anatomy of a Failure
    Marketing Science, 2008, 27, (1), 12-14 View citations (42)
16. Deal or No Deal? Decision Making under Risk in a Large-Payoff Game Show
    American Economic Review, 2008, 98, (1), 38-71 View citations (222)
17. Mental Accounting and Consumer Choice
    Marketing Science, 2008, 27, (1), 15-25 View citations (55)
    Also in Marketing Science, 1985, 4, (3), 199-214 (1985) View citations (1307)

2007

18. Heuristics and Biases in Retirement Savings Behavior
    Journal of Economic Perspectives, 2007, 21, (3), 81-104 View citations (278)
19. The Law and Economics of Company Stock in 401(k) Plans
    Journal of Law and Economics, 2007, 50, (1), 45-79 View citations (37)

2006

20. Anomalies: Utility Maximization and Experienced Utility
    Journal of Economic Perspectives, 2006, 20, (1), 221-234 View citations (273)
21. Individual Preferences, Monetary Gambles, and Stock Market Participation: A Case for Narrow Framing
    American Economic Review, 2006, 96, (4), 1069-1090 View citations (234)
22. Invest now, drink later, spend never: On the mental accounting of delayed consumption
    Journal of Economic Psychology, 2006, 27, (5), 694-712 View citations (32)

2005

23. Dividend Changes Do Not Signal Changes in Future Profitability
    The Journal of Business, 2005, 78, (5), 1659-1682 View citations (93)

2004

24. Design Choices in Privatized Social-Security Systems: Learning from the Swedish Experience
    American Economic Review, 2004, 94, (2), 424-428 View citations (152)
25. Save More Tomorrow (TM): Using Behavioral Economics to Increase Employee Saving
    Journal of Political Economy, 2004, 112, (S1), S164-S187 View citations (739)
    See also Working Paper Save more tomorrow: Using behavioral economics to increase employee saving, Natural Field Experiments (2004) View citations (811) (2004)

2003

26. Anomalies: The Law of One Price in Financial Markets
    Journal of Economic Perspectives, 2003, 17, (4), 191-202 View citations (94)
27. Can the Market Add and Subtract? Mispricing in Tech Stock Carve-outs
    Journal of Political Economy, 2003, 111, (2), 227-268 View citations (265)
    See also Working Paper Can the Market Add and Subtract? Mispricing in Tech Stock Carve-Outs, NBER Working Papers (2001) View citations (33) (2001)
28. In Honor of Matthew Rabin: Winner of the John Bates Clark Medal
    Journal of Economic Perspectives, 2003, 17, (3), 159-176 View citations (14)
29. Libertarian Paternalism
    American Economic Review, 2003, 93, (2), 175-179 View citations (670)
    See also Chapter Libertarian paternalism, Chapters, 2023, 10-16 (2023) (2023)
30. Libertarian paternalism is not an oxymoron
    Conference Series ; [Proceedings], 2003, 48, (Jun) View citations (515)

2002

31. How Much Is Investor Autonomy Worth?
    Journal of Finance, 2002, 57, (4), 1593-1616 View citations (93)
32. Response [Anomalies: Risk Aversion]
    Journal of Economic Perspectives, 2002, 16, (2), 229-230 View citations (7)

2001

33. Anomalies: Risk Aversion
    Journal of Economic Perspectives, 2001, 15, (1), 219-232 View citations (308)
    See also Chapter Anomalies: Risk aversion, World Scientific Book Chapters, 2013, 467-480 (2013) (2013)
34. Naive Diversification Strategies in Defined Contribution Saving Plans
    American Economic Review, 2001, 91, (1), 79-98 View citations (378)
35. The Endowment Effect and Repeated Market Trials: Is the Vickrey Auction Demand Revealing?
    Experimental Economics, 2001, 4, (3), 257-269 View citations (83)

2000

36. From Homo Economicus to Homo Sapiens
    Journal of Economic Perspectives, 2000, 14, (1), 133-141 View citations (258)

1999

37. Risk Aversion or Myopia? Choices in Repeated Gambles and Retirement Investments
    Management Science, 1999, 45, (3), 364-381 View citations (171)

1997

38. Anomalies: The Equity Premium Puzzle
    Journal of Economic Perspectives, 1997, 11, (1), 191-200 View citations (60)
39. Do Changes in Dividends Signal the Future or the Past?
    Journal of Finance, 1997, 52, (3), 1007-34 View citations (269)
    See also Working Paper Do Changes in Dividends Signal the Future or the Past?, CRSP working papers (1997) View citations (261) (1997)
40. Irving Fisher: Modern Behavioral Economist
    American Economic Review, 1997, 87, (2), 439-41 View citations (19)
41. Labor Supply of New York City Cabdrivers: One Day at a Time
    The Quarterly Journal of Economics, 1997, 112, (2), 407-441 View citations (564)
    See also Working Paper Labor Supply of New York City Cab Drivers: One Day At A time, Working Papers (1996) (1996)
42. Probabilistic Insurance
    Journal of Risk and Uncertainty, 1997, 15, (1), 7-28 View citations (81)
    See also Working Paper Probabilistic insurance, Other publications TiSEM (1997) View citations (73) (1997)
43. The Effect of Myopia and Loss Aversion on Risk Taking: An Experimental Test
    The Quarterly Journal of Economics, 1997, 112, (2), 647-661 View citations (320)

1995

44. Anomalies: Ultimatums, Dictators and Manners
    Journal of Economic Perspectives, 1995, 9, (2), 209-219 View citations (370)
45. Myopic Loss Aversion and the Equity Premium Puzzle
    The Quarterly Journal of Economics, 1995, 110, (1), 73-92 View citations (1105)
    See also Working Paper Myopic Loss Aversion and the Equity Premium Puzzle, NBER Working Papers (1993) View citations (22) (1993)
46. Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?
    Journal of Finance, 1995, 50, (2), 573-608 View citations (344)
    See also Working Paper Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?, NBER Working Papers (1994) View citations (4) (1994)
47. The Flypaper Effect
    Journal of Economic Perspectives, 1995, 9, (4), 217-226 View citations (355)

1994

48. Psychology and Savings Policies
    American Economic Review, 1994, 84, (2), 186-92 View citations (124)

1991

49. Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias
    Journal of Economic Perspectives, 1991, 5, (1), 193-206 View citations (1295)
50. Economic Analysis and the Psychology of Utility: Applications to Compensation Policy
    American Economic Review, 1991, 81, (2), 341-46 View citations (71)
51. Investor Sentiment and the Closed-End Fund Puzzle
    Journal of Finance, 1991, 46, (1), 75-109 View citations (644)
    See also Working Paper Investor Sentiment and the Closed-End Fund Puzzle, Scholarly Articles (1991) View citations (638) (1991)

1990

52. Anomalies: Preference Reversals
    Journal of Economic Perspectives, 1990, 4, (2), 201-11 View citations (120)
53. Closed-End Mutual Funds
    Journal of Economic Perspectives, 1990, 4, (4), 153-64 View citations (40)
54. Do Security Analysts Overreact?
    American Economic Review, 1990, 80, (2), 52-57 View citations (215)
55. Experimental Tests of the Endowment Effect and the Coase Theorem
    Journal of Political Economy, 1990, 98, (6), 1325-48 View citations (1091)
56. Foreign Exchange
    Journal of Economic Perspectives, 1990, 4, (3), 179-92 View citations (464)
57. Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice
    Management Science, 1990, 36, (6), 643-660 View citations (815)
58. Saving, Fungibility, and Mental Accounts
    Journal of Economic Perspectives, 1990, 4, (1), 193-205 View citations (313)

1989

59. A Mean-Reverting Walk Down Wall Street
    Journal of Economic Perspectives, 1989, 3, (1), 189-202 View citations (48)
60. Interindustry Wage Differentials
    Journal of Economic Perspectives, 1989, 3, (2), 181-93 View citations (64)
61. Intertemporal Choice
    Journal of Economic Perspectives, 1989, 3, (4), 181-93 View citations (260)

1988

62. Anomalies: Cooperation
    Journal of Economic Perspectives, 1988, 2, (3), 187-97 View citations (174)
63. Anomalies: The Winner's Curse
    Journal of Economic Perspectives, 1988, 2, (1), 191-202 View citations (155)
64. Parimutuel Betting Markets: Racetracks and Lotteries
    Journal of Economic Perspectives, 1988, 2, (2), 161-74 View citations (202)
65. The Behavioral Life-Cycle Hypothesis
    Economic Inquiry, 1988, 26, (4), 609-43 View citations (411)
66. The Ultimatum Game
    Journal of Economic Perspectives, 1988, 2, (4), 195-206 View citations (188)

1987

67. Decision Making and Problem Solving
    Interfaces, 1987, 17, (5), 11-31 View citations (10)
68. Further Evidence on Investor Overreaction and Stock Market Seasonalit y
    Journal of Finance, 1987, 42, (3), 557-81 View citations (635)
69. Seasonal Movements in Security Prices II: Weekend, Holiday, Turn of the Month, and Intraday Effects
    Journal of Economic Perspectives, 1987, 1, (2), 169-77 View citations (60)
70. The January Effect
    Journal of Economic Perspectives, 1987, 1, (1), 197-201 View citations (69)
71. The Relevance of Quasi Rationality in Competitive Markets: Reply
    American Economic Review, 1987, 77, (3), 499-501 View citations (1)

1986

72. Fairness and the Assumptions of Economics
    The Journal of Business, 1986, 59, (4), S285-300 View citations (673)
73. Fairness as a Constraint on Profit Seeking: Entitlements in the Market
    American Economic Review, 1986, 76, (4), 728-41 View citations (1173)
74. The Psychology and Economics Conference Handbook: Comments
    The Journal of Business, 1986, 59, (4), S279-84 View citations (8)

1985

75. Does the Stock Market Overreact?
    Journal of Finance, 1985, 40, (3), 793-805 View citations (1993)
76. The Relevance of Quasi Rationality in Competitive Markets
    American Economic Review, 1985, 75, (5), 1071-82 View citations (77)

1982

77. Public policy toward life saving: Should consumer preferences rule?
    Journal of Policy Analysis and Management, 1982, 1, (2), 223-242 View citations (4)

1981

78. An Economic Theory of Self-Control
    Journal of Political Economy, 1981, 89, (2), 392-406 View citations (891)
    See also Working Paper An Economic Theory of Self-Control, NBER Working Papers (1977) View citations (1) (1977)
79. Some empirical evidence on dynamic inconsistency
    Economics Letters, 1981, 8, (3), 201-207 View citations (727)

1980

80. Interpreting [alpha]-rationality in hierarchical games
    Economics Letters, 1980, 5, (2), 109-113
81. Toward a positive theory of consumer choice
    Journal of Economic Behavior & Organization, 1980, 1, (1), 39-60 View citations (493)

1979

82. Sticky Wages and Implicit Contracts: A Transactional Approach
    Economic Inquiry, 1979, 17, (4), 559-74 View citations (3)

1978

83. A note on the value of crime control: Evidence from the property market
    Journal of Urban Economics, 1978, 5, (1), 137-145 View citations (127)

1977

84. An econometric analysis of property crime: Interaction between police and criminals
    Journal of Public Economics, 1977, 8, (1), 37-51 View citations (8)

Chapters

2023

1. Libertarian paternalism
   Chapter 1 in Research Handbook on Nudges and Society, 2023, pp 10-16
   See also Journal Article Libertarian Paternalism, American Economic Association (2003) View citations (670) (2003)

2013

2. Anomalies: Risk aversion
   Chapter 27 in HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, 2013, pp 467-480
   See also Journal Article Anomalies: Risk Aversion, American Economic Association (2001) View citations (308) (2001)

2008

3. Anomalies Parimutuel Betting Markets: Racetracks and Lotteries
   Chapter 26 in Efficiency Of Racetrack Betting Markets, 2008, pp 255-268 View citations (1)
4. The Endowment Effect: Evidence of Losses Valued More than Gains
   Elsevier View citations (5)

2003

5. A survey of behavioral finance
   Chapter 18 in Handbook of the Economics of Finance, 2003, vol. 1, Part 2, pp 1053-1128 View citations (934)
   See also Working Paper A Survey of Behavioral Finance, National Bureau of Economic Research, Inc (2002) View citations (137) (2002)

1976

6. The Value of Saving a Life: Evidence from the Labor Market
   A chapter in Household Production and Consumption, 1976, pp 265-302 View citations (98)