May 8, 2015
Booth Professor Releases New Book
Richard Thaler, professor of behavioral science and economics at the Booth School of Business, has spent extensive time exploring the notion that the central agents in the economy are “fallible, error-prone humans” and not the “rational actors assumed in traditional economics.” Thaler, who is considered a founder in the field of behavioral economics, is now releasing a new book on May 18, 2015 that further examines why people love to misbehave in ways that effect the economy so much. Continue reading…