Posted by & filed under International Business, Management, Organizational Behavior.

Description: WASHINGTON β€” People make poor economic choices.

Source: FinancialPost.com

Date: Oct 09, 2017

Link: http://business.financialpost.com/pmn/business-pmn/economics-prize-last-of-the-nobels-to-be-awarded

Questions for discussion:

  • What is the basic idea behind Richard Thaler’s economic theories?
  • What do they mean for managers of businesses?