You are here: Home » PTI Stories » International » News
Business Standard

Richard Thaler of US wins Nobel Economics Prize

AFP  |  Stockholm 

US economist Richard Thaler today won the Nobel Economics Prize for his pioneering work to bridge the gap between economics and psychology, the jury said.

"By exploring the consequences of limited rationality, social preferences, and lack of self-control, he has shown how these human traits systematically affect individual decisions as well as market outcomes," the Nobel jury said in a statement.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 09 2017. 15:32 IST
RECOMMENDED FOR YOU