What is Richard Thaler?
{{Infobox economist | name = Richard Thaler | image = Richard Thaler Chatham.jpg | caption = | birth_date = {{Birth date and age|1945|09|12}} | birth_place = [[East Orange, New Jersey]] | death_date = | death_place = | nationality = United States | institution = [[University of Chicago Booth School of Business]] 1995–<br />[[Johnson Graduate School of Management]] 1978–1995 | field = [[Behavioral finance]] | alma_mater = [[University of Rochester]] <small>(M.A. 1970, Ph.D. 1974)</small><br>[[Case Western Reserve University]] <small>(B.A. 1967)</small><br>[[Newark Academy]] | doctoral_advisor = [[Sherwin Rosen]] | academic_advisors = | doctoral_students = | notable_students = | contributions = | awards = [[Nobel Memorial Prize in Economic Sciences]] (2017) | signature = <!-- file name only --> }} {{nobelprize|Economics}} '''Richard H. Thaler''' ({{IPAc-en|ˈ|θ|eɪ|l|ər}}; born September 12, 1945) is an American [[economics|economist]] of [[Jewish]] descent.<ref>[http://www.jinfo.org/Economists.html www.jinfo.org]</ref> He is best known for being a theorist in behavioral finance. He was awarded the 2017 Nobel Prize in Economics for improving [[behavioral economics]].<ref>{{cite web|last=Appelbaum|first=Binyamin|title=Nobel in Economics Is Awarded to Richard Thaler|website=The New York Times|date=9 October 2017|url=https://www.nytimes.com/2017/10/09/business/nobel-economics-richard-thaler.html|access-date=9 October 2017}}</ref><ref>{{cite web|last=Gauthier-Villars|first=David|title=Nobel Prize in Economics Awarded to American Richard Thaler|website=The Wall Street Journal|date=9 October 2017|url=https://www.wsj.com/articles/nobel-prize-in-economics-awarded-to-richard-h-thaler-1507543046|access-date=9 October 2017}}</ref><ref>{{cite web|last1=Keyton|first1=David|last2=Heintz|first2=Jim|title=American Richard Thaler wins Nobel Prize in Economics|website=Associated Press via USA Today|date=9 Oct