Richard Thaler of US wins Nobel Economics Prize 10/9/2017 1:12:19 PM Thaler told the Nobel committee by videoconference he was pleased by the award. STOCKHOLM (AFP) - 09 October 2017 -  US economist Richard Thaler on Monday won the Nobel Economics Prize for his pioneering work bridging the gap between economics and psychology, the jury said. 'By exploring the consequences of limited rationality, social preferences, and lack of self-control, he has shown how these human traits systematically affect individual decisions as well as market outcomes,' the Nobel jury said in a statement. 'His empirical findings and theoretical insights have been instrumental in creating the new and rapidly expanding field of behavioural economics, which has had a profound impact on many areas of economic research and policy.' Thaler told the Nobel committee by videoconference he was 'pleased' by the award. 'Well, I was pleased. I no longer will ...