BrahMos WORLD INDIA MADHYA PRADESH BHOPAL SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA WTN SPECIAL OPINION & INTERVIEW GOSSIP CORNER RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
ABOUT US PRIVACY POLICY SITEMAP CONTACT US
logo
Breaking News


The Father of behavioral economic from USA Richard Thaler is awarded the Nobel Prize for Economic Science 2017

Monday - October 9, 2017 3:27 pm , Category : WTN SPECIAL
Richard Thaler
Richard Thaler

The Father of behavioral economic from USA Richard Thaler awarded the Nobel Prize for Economic Science 2017

 

This year's Nobel Prize in Economics given to US economist Richard Thaler, one of the founding fathers of behavioral economics.

Born 12 September 1945, an American economist and also the Ralph and Dorothy distinguished service Professor Thaler from the University of Chicago Booth,  is lately known for his book co-writen called Nudge, a book which thoroughly explains the conceptual use of economics in human life.The bestseller Nudge uses behavioral economic science to tackle many of society's major problems. The Nobel laureante Prof. Richard had vast research and theory on behaviroul economics science. The Nobel prize panel said his work had contributed to an understanding of the psychology of economics.

 

 


The Nobel Prize in economics is the outcome of Sveriges Riksbank; Sweden's central bank initiative in the year 1968 on the occasion of the bank's 300th anniversary.  The Nobel Prize in Economic Science in Memory of Alfred Nobel, the founder of Nobel Prize. The first prize in Economics Science awarded to Ragnar Frisch and Jan Tinbergen in the year 1969.

 


Members of the Academy gather before the voting for this year’s Prize in Economic Sciences ! 


 

Some of the Facts about the Nobel Prize awarded for Economic Science since ever they started from 1969 onwards  : 


Prizes in Economic Sciences have been awarded since 1969.

Prizes in Economic Sciences have been awarded to one Laureate only.

A woman ever awarded the Prize in Economic Sciences so far, Elinor Ostrom, in 2009.

51, years was the age of the youngest Laureate in Economic Sciences ever, Kenneth J. Arrow, who awarded in 1972.

 90 years was Leonid Hurwicz when he awarded the Prize - the oldest Laureate in Economic Sciences ever.


 

 

 
Leave a Comment
* Name
* Email (will not be published)
*
* - Required fields