(Bloomberg Markets) - Richard H. Thaler has said he’d do something irrational with the roughly $1 million he gets as this year’s winner of the Nobel prize for economics. If he changes his mind, the University of Chicago professor, whose research showing that humans act irrationally goes against conventional economic thinking, could put the money in one of the outperforming funds at Fuller & Thaler Asset Management, where he is a principal. Fuller & Thaler sub-advises the $6 b
University of Chicago’s Richard H. Thaler, one of the founders of behavioral economics and finance, was awarded the 2017 Nobel Prize in Economics for shedding light on how human weaknesses such as a lack of rationality and self-control can ultimately affect markets.
Click HERE to Read More #RichardThaler