News Science & Society

Economics Nobel nudges behavioral economist into the limelight

Richard Thaler is heralded for his work on the psychology of money decisions

Richard Thaler, University of Chicago

NUDGE MAN  Richard Thaler of the University of Chicago has received the 2017 Nobel Memorial Prize in Economic Sciences for research on pitfalls of economic decision making.

Univ. of Chicago

By Bruce Bower

- More than 2 years ago

A founding father of behavioral economics — a research school that has popularized the practice of “nudging” people into making decisions that authorities deem to be in their best interests — has won the 2017 Nobel Memorial Prize in Economic Sciences.