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Richard H. Thaler: Easy money or a golden pension? Integrating economics and psychology

Nobel Prize Committee
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No 2017-2, Nobel Prize in Economics documents from Nobel Prize Committee

Abstract: The American economist Richard H. Thaler is a pioneer in behavioural economics, a research field in which insights from psychological research are applied to economic decision-making. A behavioural perspective incorporates more realistic analysis of how people think and behave when making economic decisions, providing new opportunities for designing measures and institutions that increase societal benefit.

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-cbe, nep-evo, nep-exp, nep-his and nep-hpe
Date: 2017-10-09
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