US economist Richard Thaler won the Nobel Economics Prize on October 9, 2017 for his pioneering work on the psychology of economics, the jury said. | Carsten Rehder/AFP/Getty Images)

2017 Nobel Economics Prize Awarded to University of Chicago’s Richard Thaler

Integrating economics and psychology, Richard Thaler showed how limited rationality and self-control affect economic decisions and market outcomes.

Published On 10/09/2017
10:21 AM EDT