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Richard Thaler is an economist born on September 12, 1945, in East Orange, New Jersey . He holds citizenship in the United States and has made significant contributions to the fields of economics, behavioral economics, nudge theory, and behavioral finance .
Thaler was educated at Case Western Reserve University, Newark Academy, and the University of Rochester . Sherwin Rosen was his doctoral advisor . He is currently based in Chicago, Illinois, and the United States .
In 2017, Richard Thaler received the Nobel Memorial Prize in Economic Sciences , a testament to his impact on the fields of economics and behavioral sciences. Throughout his career, Thaler has been widely recognized for his pioneering work, and he continues to be an influential figure in the academic disciplines he has contributed to.
