Richard H. Thaler et les limites de la rationalité

Gwen Jiro Clochard; Guillaume Hollard; Fabien Perez

doi:10.3917/redp.284.0535

Richard H. Thaler et les limites de la rationalité

Translated title of the contribution: Richard H. Thaler on the limits of rationality

Gwen Jiro Clochard
, Guillaume Hollard
, Fabien Perez

Centre national de la recherche scientifique
ENSAE

Research output: Contribution to journal › Article › peer-review

Abstract

On October 9, 2017, Richard H. Thaler was awarded the Nobel Memorial Prize in Economic Sciences for his work in behavioral economics. The article presents his main contributions, namely the establishment of a list of anomalies of human behaviors from the perspective of rational models, the laying of foundations for a quasi-rational model inspired by psychology, and the approach to public policy commonly known as Nudge. As a conclusion, we more subjectively comment on the influence Thaler has had on the economic science, and speculate on a possible path forward for behavioral economics.

Translated title of the contribution	Richard H. Thaler on the limits of rationality
Original language	French
Pages (from-to)	535-548
Number of pages	14
Journal	Revue d'Economie Politique
Volume	128
Issue number	4
DOIs	https://doi.org/10.3917/redp.284.0535
Publication status	Published - 1 Jul 2018

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Richard H. Thaler et les limites de la rationalité

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