Richard H. Thaler





Richard H. Thaler


Born
September 12, 1945

Website


Richard H. Thaler is the Charles R. Walgreen Distinguished Service Professor of Economics and Behavioral Science at the University of Chicago's Graduate School of Business where he director of the Center for Decision Research. He is also a Research Associate at the National Bureau of Economic Research where he co-directs the behavioral economics project. Professor Thaler's research lies in the gap between psychology and economics. He is considered a pioneer in the fields of behavioral economics and finance. He is the author of numerous articles and the books Misbehaving: The Making of Behavioral Economics; Nudge: Improving Decisions about Health, Wealth and Happiness (with Cass Sunstein), The Winner's Curse, and Quasi Rational Economics and ...more

Richard H. Thaler isn't a Goodreads Author (yet), but he does have a blog, so here are some recent posts imported from his feed.

A couple years ago, Washington State switched the default rule on state park fees that drivers pay (or don't pay) when they renew their licenses. Reader Steve Loeb nicely captures what this switch looks like on the Washington State Department of Licensing site.


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Published on October 11, 2011 17:47 • 391 views
Average rating: 3.78 · 28,597 ratings · 1,629 reviews · 8 distinct works · Similar authors
Nudge: Improving Decisions ...

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3.76 avg rating — 25,175 ratings — published 2008 — 38 editions
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Misbehaving: The Making of ...

4.12 avg rating — 1,840 ratings — published 2015 — 15 editions
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The Winner's Curse: Paradox...

3.82 avg rating — 168 ratings — published 1991 — 3 editions
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Advances in Behavioral Finance

really liked it 4.00 avg rating — 26 ratings — published 1993 — 2 editions
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Advances in Behavioral Fina...

4.29 avg rating — 24 ratings — published 2005 — 4 editions
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Quasi Rational Economics

4.14 avg rating — 14 ratings — published 1991 — 2 editions
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Dürtme

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This Explains Everything: D...

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3.70 avg rating — 1,560 ratings — published 2013 — 12 editions
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“A choice architect has the responsibility for organizing the context in which people make decisions.”
Richard H. Thaler, Nudge: Improving Decisions About Health, Wealth, and Happiness

“Psychologists tell us that in order to learn from experience, two ingredients are necessary: frequent practice and immediate feedback.”
Richard H. Thaler, Misbehaving: The Making of Behavioural Economics

“Libertarian paternalism is a relatively weak, soft, and nonintrusive type of paternalism because choices are not blocked, fenced off, or significantly burdened.”
Richard H. Thaler, Nudge: Improving Decisions About Health, Wealth, and Happiness

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