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PersonRichard Thaler

Richard Thaler

A behavioral economist and Nobel laureate in Economics, known for his research on the sunk cost effect, mental accounting, and other behavioral economics concepts.

Timeline (last 90 days)

Oct 17

Choice architecture was proposed by behavioral economists Richard Thaler and Cass Sunstein in Nudge, referring to influencing people's decisions by organizing how options are presented, without changing the options themselves or depriving people of freedom of choice.

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Oct 12

理查德·塞勒和卡斯·桑斯坦在《助推》中提出,微小的环境摩擦可以显著改变行为选择。

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Sep 6

Research on the endowment effect by Nobel Prize-winning economist Richard Thaler demonstrates that people tend to assign a subjective value to items they own that is higher than the items' market price.

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Aug 31

Mental accounting theory was proposed by behavioral economist Richard Thaler.

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Aug 31

The nudge theory proposed by behavioral economist Richard Thaler states that in countries using opt-out defaults, participation rates in scenarios such as organ donation can reach over 90%, whereas countries with opt-in defaults typically see only 15%–20%.

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Aug 31

Richard Thaler is a Nobel Prize laureate in Economics who proposed the theory of nudging and the concept of libertarian paternalistic choice architecture.

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Aug 31

In behavioral economics, countries using opt-out defaults for organ donation can achieve participation rates as high as over 90%, while countries using opt-in defaults often see rates of only 15%–20%.

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Aug 31

The endowment effect was first proposed by Richard Thaler in 1980 and was later validated by Kahneman and others through the 'mug experiment'.

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Aug 31

Nobel Prize-winning economist Richard Thaler proposed the "Nudge" theory in behavioral economics, pointing out that default options have a significant influence on user behavior.

Unverified50%
Aug 31

Richard Thaler is a Nobel Prize laureate in Economics who proposed the Nudge theory in behavioral economics.

Unverified50%

2 more timeline events

All Facts (13)

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In behavioral economics, countries using opt-out defaults for organ donation can achieve participation rates as high as over 90%, while countries using opt-in defaults often see rates of only 15%–20%.

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The "mental accounting" theory proposed by Richard Thaler states that users categorize expenditures from different sources into different mental accounts and have different loss tolerance thresholds for each.

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Unverified

Choice architecture was proposed by behavioral economists Richard Thaler and Cass Sunstein in Nudge, referring to influencing people's decisions by organizing how options are presented, without changing the options themselves or depriving people of freedom of choice.

50%
Unverified

理查德·塞勒和卡斯·桑斯坦在《助推》中提出,微小的环境摩擦可以显著改变行为选择。

50%
Unverified

Research on the endowment effect by Nobel Prize-winning economist Richard Thaler demonstrates that people tend to assign a subjective value to items they own that is higher than the items' market price.

50%
Unverified

Mental accounting theory was proposed by behavioral economist Richard Thaler.

50%
Unverified

The nudge theory proposed by behavioral economist Richard Thaler states that in countries using opt-out defaults, participation rates in scenarios such as organ donation can reach over 90%, whereas countries with opt-in defaults typically see only 15%–20%.

50%
Unverified

Richard Thaler is a Nobel Prize laureate in Economics who proposed the theory of nudging and the concept of libertarian paternalistic choice architecture.

50%
Unverified

The endowment effect was first proposed by Richard Thaler in 1980 and was later validated by Kahneman and others through the 'mug experiment'.

50%
Unverified

Nobel Prize-winning economist Richard Thaler proposed the "Nudge" theory in behavioral economics, pointing out that default options have a significant influence on user behavior.

50%
Unverified

Richard Thaler is a Nobel Prize laureate in Economics who proposed the Nudge theory in behavioral economics.

50%
Unverified

The 'Nudge' theory proposed by Nobel Prize in Economics laureate Richard Thaler points out that default options have a tremendous influence on user behavior.

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Unverified

Research by Nobel Prize-winning economist Richard Thaler shows that people react very differently to 'a 90% surgery success rate' versus 'a 10% surgery mortality rate,' even though the two are mathematically equivalent statements.

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