Richard H. Thaler wins the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, 2017

Princeton, NJ, October 9, 2017—Upon today’s announcement that Dr. Richard H. Thaler is the winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017, Princeton University Press extends hearty congratulations to the celebrated economist.

The Royal Swedish Academy of Science recognizes Dr. Thaler “for his contributions to behavioural economics.”

Dr. Thaler is the Charles R. Walgreen Distinguished Service Professor of Economics and Behavioral Science at the University of Chicago’s Booth School of Business where he directs the Center for Decision Research. He is also a Research Associate at the National Bureau of Economic Research where he codirects the Behavioral Economics Project. Dr. Thaler’s research bridges the gap between psychology and economics. He is considered a pioneer in the fields of behavioral economics and finance.

Princeton University Press is deeply gratified to be the publisher of Dr. Thaler’s The Winner’s Curse: Paradoxes and Anomalies of Economic Life (1994) and Advances in Behavioral Finance, Volume II (2005).

According to Joe Jackson, Senior Economics Editor at Princeton University Press, “Dr. Thaler’s is an edifying story of how economics adapts and, over time, can come to embrace new perspectives that at first might seem at odds with the whole tradition, but that stand the test of extensive scrutiny and experimentation and end up broadly changing the field.  Princeton University Press is proud to have played a minor but relatively early part in that story by publishing the paperback of The Winner’s Curse, shortly after it was published in hardcover by the Free Press in 1992, which is still in print today.”

Since 1905, Princeton University Press has remained committed to publishing global thought leaders in the economic sciences and beyond. We are honored to count Dr. Thaler’s work as a cornerstone of this legacy.

Richard Thaler joins a number of esteemed PUP authors who have won the Nobel Prize in Economics, among them Angus Deaton, Jean Tirole, Lars Peter Hansen and Robert J. Shiller, Thomas J. Sargent, Peter A. Diamond, Elinor Ostrom, Edmund Phelps, Robert J. Aumann, George Akerlof, Robert Engle, John Nash, and Alvin Roth.