Richard Thaler was born in New Jersey in 1945. He attended Case Western Reserve University and received his bachelor degree in economics in 1967. He continued his studies and got a masters in economics from University of Rochester. Thaler also received his PhD in 1974 in economics from the same university.
Read moreTag: nobel prize in economics
- cognitive bias
- Daniel Kahneman
- Amos Tversky
- status quo bias
- law of small numbers
- ppp
- Moral Hazard
- Gesetz der großen Zahlen
- the halo effect
- The Economist
- daniel kahnemann
- Purchasing Power Parity
- exchange rate
- gambler's fallacy
- income inequality
- the gambler's fallacy
- 20:20 ratio
- The Sunk Cost Fallacy
- wealth inequality
- Law of Large Numbers eli5