Richard Thaler and the Rise of Behavioral Economics

34 Pages Posted: 7 Feb 2018 Last revised: 2 Aug 2019

See all articles by Nicholas Barberis

Nicholas Barberis

Yale School of Management; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: April 22, 2018

Abstract

Richard Thaler was awarded the 2017 Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. In this article, I review and discuss these contributions.

Keywords: endowment effect, prospect theory, mental accounting, nudge

JEL Classification: B2, D9, G1

Suggested Citation

Barberis, Nicholas, Richard Thaler and the Rise of Behavioral Economics (April 22, 2018). Yale ICF Working Paper No. 2018-03, Available at SSRN: https://ssrn.com/abstract=3111475 or http://dx.doi.org/10.2139/ssrn.3111475

Nicholas Barberis (Contact Author)

Yale School of Management ( email )

135 Prospect Street
P.O. Box 208200
New Haven, CT 06520-8200
United States
203-436-0777 (Phone)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
781
Abstract Views
2,766
rank
35,944
PlumX Metrics