Posted by Lauren Hayward on Wednesday October 11th, 2017

Yesterday, the Nobel Committee announced that the 2017 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (commonly referred to as the Nobel prize for economics) has been awarded to Richard Thaler. One of the founders of behavioural economics, Richard Thaler was also the co-author of ‘Nudge’ (along with Cass Sunstein), which kick-started the field of applying behavioural insights to government. As well as being a great recognition of his pioneering work, it is also a ringing endorsement for the field of behavioural economics.

You can read a great tribute to Richard Thaler by Cass Sunstein here

 

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