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Business: What economist, an expert in the field of behavioral economics, won the 2017 Nobel Prize in the field? He can be seen explaining the fallacy of the "hot hand theory" to Selena Gomez in "The Big Short" (2015).
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Milton Friedman |
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Paul Krugman |
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Daniel Kahneman |
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Richard Thaler |
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Thaler was the 2017 recipient of the Nobel Memorial Prize in Economics for "incorporat[ing] psychologically realistic assumptions into analyses of economic decision-making. By exploring the consequences of limited rationality, social preferences, and lack of self-control, he has shown how these human traits systematically affect individual decisions as well as market outcomes."
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