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US Professor Thaler Got Nobel Prize In Economics

University of Chicago professor economist Richard H Thaler has been declared the Nobel Prize winner in Economics.
Judges of the Royal Swedish Academy of Sciences announced the award on Monday, October 9, at Stockholm's Stockholm capital Stockholm. He was awarded the Nobel Prize for his outstanding contribution to economics and psychology.
In April 2008, Thaler got popularity by writing a book jointly with Harvard Law School Professor Cass and Sunstein, jointly titled 'Naz'. The book's 'behavioral economics' theory responds heavily.
Through the behavioral economics of the book, the way of dealing with the problems of society is given in the way.

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Judges of the Royal Swedish Academy of Sciences said that Richard Thaler's work contributed to understanding economic psychology. The US receives a gold medal and 90 million dollars for the prize. Watch more 
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