Culture | Thaler's Nobel prize for economics: controversial and wonderful

Thaler’s Nobel prize for economics: controversial and wonderful

Richard Thaler is known for his lifelong pursuit of behavioral economics, but for some in the profession the idea that psychological research should even be part of economics has generated hostility for years.

October 11, 2017 12:59 PM (UTC+8)
US economist Richard Thaler, of the University of Chicago's Booth School of Business, speaks during a news conference in Chicago on October 9 after  winning the 2017 Nobel prize for economics. Photo: Reuters, Kamil Krzaczynski
US economist Richard Thaler, of the University of Chicago's Booth School of Business, speaks during a news conference in Chicago on October 9 after winning the 2017 Nobel prize for economics. Photo: Reuters, Kamil Krzaczynski
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