Economists used to assume that people were, overall, rational. They may make mistakes now and then, but, if reasonably informed, they do the right thing. Then came Richard Thaler, who, in October, was awarded the
From viruses to ransomware and password phishing scams, cyber fraud and other digital security threats are escalating worldwide — learn how psychological scientists help safeguard data.
The Nobel Prize in Economic Sciences awarded to economist Richard H. Thaler has its roots firmly planted in psychological science, particularly in the work of two of the world’s most renowned behavioral scientists.
