Nobel Prize
Richard Thaler and the Science of People
Richard Thaler's thought process and perspective on human behavior have influenced how we view economic phenomena and how they affect and are effected by people.
Earlier...
Can Narratives Shape Society?
Narratives that alter beliefs and change norms or guiding principles may indeed have real and lasting effects.Â
In the 2017 American Economic Association Presidential Address,...
The Role of Narratives in Economics
Narratives are vectors of ideas. Nobel laureate Robert Shiller suggests that in the age of social information networks, economists need to rethink how and...
The Power of Convictions
Oliver Hart and Bengt Holmstrom, winners of this year's Nobel Prize in Economics, created a new area of economic inquiry. They also had a profound...
