Richard Thaler Facts for Kids

Richard Thaler

Born	September 12, 1945 (1945-09-12) (age 75) East Orange, New Jersey
Nationality	United States
Alma mater	University of Rochester (M.A. 1970, Ph.D. 1974) Case Western Reserve University (B.A. 1967) Newark Academy
Awards	Nobel Memorial Prize in Economic Sciences (2017)

Richard H. Thaler (/ˈθeɪlər/; born September 12, 1945) is an American economist of Jewish descent.

He is best known for being a theorist in behavioral finance. He was awarded the 2017 Nobel Prize in Economics for improving behavioral economics.

Winners of the Nobel Prize in Economics

1969–1975	Ragnar Frisch / Jan Tinbergen (1969) • Paul Samuelson (1970) • Simon Kuznets (1971) • John Hicks / Kenneth Arrow (1972) • Wassily Leontief (1973) • Gunnar Myrdal / Friedrich Hayek (1974) • Leonid Kantorovich / Tjalling Koopmans (1975)

1976–2000	Milton Friedman (1976) • Bertil Ohlin / James Meade (1977) • Herbert Simon (1978) • Theodore Schultz / Arthur Lewis (1979) • Lawrence Klein (1980) • James Tobin (1981) • George Stigler (1982) • Gérard Debreu (1983) • Richard Stone (1984) • Franco Modigliani (1985) • James M. Buchanan (1986) • Robert Solow (1987) • Maurice Allais (1988) • Trygve Haavelmo (1989) • Harry Markowitz / Merton Miller / William Forsyth Sharpe (1990) • Ronald Coase (1991) • Gary Becker (1992) • Robert Fogel / Douglass North (1993) • John Harsanyi / John Forbes Nash / Reinhard Selten (1994) • Robert Lucas, Jr. (1995) • James Mirrlees / William Vickrey (1996) • Robert C. Merton / Myron Scholes (1997) • Amartya Sen (1998) • Robert Mundell (1999) • James Heckman / Daniel McFadden (2000)

2001–present	George Akerlof / Michael Spence / Joseph E. Stiglitz (2001) • Daniel Kahneman / Vernon L. Smith (2002) • Robert F. Engle / Clive Granger (2003) • Finn E. Kydland / Edward C. Prescott (2004) • Robert Aumann / Thomas Schelling (2005) • Edmund Phelps (2006) • Leonid Hurwicz / Eric Maskin / Roger Myerson (2007) • Paul Krugman (2008) • Elinor Ostrom / Oliver E. Williamson (2009) • Peter A. Diamond / Dale T. Mortensen / Christopher A. Pissarides (2010) • Thomas J. Sargent / Christopher A. Sims (2011) • Alvin E. Roth / Lloyd S. Shapley (2012) • Eugene Fama / Lars Peter Hansen / Robert J. Shiller (2013) • Jean Tirole (2014) • Angus Deaton (2015)

Images for kids

Richard H. Thaler during Nobel Prize press conference in Stockholm, December 2017

All content from Kiddle encyclopedia articles (including the article images and facts) can be freely used under Attribution-ShareAlike license, unless stated otherwise. Cite this article:

Richard Thaler Facts for Kids. Kiddle Encyclopedia.

Richard Thaler facts for kids

Images for kids