EconPapers    
Economics at your fingertips  
 

Richard H. Thaler: Integrating Economics with Psychology

Nobel Prize Committee
Additional contact information
Nobel Prize Committee: Nobel Prize Committee

No 2017-1, Nobel Prize in Economics documents from Nobel Prize Committee

Abstract: Economists aim to develop models of human behavior and interactions in markets and other economic settings. But we humans behave in complex ways. Although we try to make rational decisions, we have limited cognitive abilities and limited willpower. While our decisions are often guided by self-interest, we also care about fairness and equity. Moreover cognitive abilities, self-control, and motivation can vary significantly across different individuals.

Keywords: Behavioral economics (search for similar items in EconPapers)
JEL-codes: D03 D90 G02 G40 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-evo, nep-exp, nep-hme, nep-hpe, nep-hrm, nep-ltv, nep-mic, nep-neu and nep-ore
Date: 2017-10-09
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.nobelprize.org/nobel_prizes/economic-s ... omicsciences2017.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:nobelp:2017_001

Access Statistics for this paper

More papers in Nobel Prize in Economics documents from Nobel Prize Committee
Bibliographic data for series maintained by Christian Zimmermann ().

 
Page updated 2019-10-12
Handle: RePEc:ris:nobelp:2017_001