Penny stock trading explained. Nobel in economics. Richard Thaler, a professor at the University of Chicago, was awarded the prize today for his work on behavioral economics. The prize committee praised him for shedding light on how people make economic decisions, sometimes rejecting rationality. Nobel in Economics Is Awarded to Richard Thaler By BINYAMIN APPELBAUMOCT. 9, 2017 https://www.nytimes.com/2017/10/09/business/nobel-economics-richard-thaler.html