Papers & Books


Misbehaving: The Story of Behavioral Economics, New York, W.W. Norton & Company, Inc, 2015

Thaler, Richard H., Sunstein, Cass R, Nudge: Improving Decisions on Health, Wealth, and Happiness. New Haven, CT: Yale University Press, 2008.

Thaler, Richard H., ed. Advances in Behavioral Finance. New York: Russell Sage Foundation, 1993.

Thaler, Richard H., ed. Advances in Behavioral Finance, Volume II. Princeton; Oxford: Princeton University Press, 2005.

The Winner's Curse: Paradoxes and Anomalies of Economic Life, Free Press, 1991 (Princeton University Press paperback, 1993).

Quasi-Rational Economics, Russell Sage Foundation, 1991.


Thaler, Richard H. 1996. "Doing Economics without Homo Economicus." Exploring the Foundations of Research in Economics: How Should Economists Do Economics? Edited by Steven G. Medema and Warren J. Samuels.


Thaler, Richard H. 1992. "Saving and Mental Accounting." Choices over Time, George Loewenstein and Jon Elster. New York: Russell Sage Foundation.

Thaler, Richard H. 1992. "How to Get Real People to Save." Personal Savings, Consumption, and Tax Policy. Edited by Marvin Kosters, Washington D.C., American Enterprise Institute.

Kahneman, Daniel, Jack Knetsch and Richard H. Thaler. 1992. "Experimental Tests of the Endowment Effect and the Coase Theorem" Recent Developments in Experimental Economics. Edited by John Hey and Graham Loomes.


Lakonishok, Josef, Andrei Schleifer, Richard H. Thaler and Robert Vishny. 1991. "Window Dressing by Pension Fund Managers." American Economic Review 81: 227-231.

Kahneman, Daniel and Richard H. Thaler. 1991. "Economic Analysis and the Psychology of Utility: Applications to Compensation Policy." American Economic Review 81: 341-346.

Lee, Charles, Andrei Schleifer and Richard H. Thaler. 1991. "Investor Sentiment and the Closed-end Fund Puzzle." Journal of Finance 46: 75-109.


Kahneman, Daniel, Jack Knetsch and Richard H. Thaler. 1990. "Experimental Tests of the Endowment Effect and the Coase Theorem" Journal of Political Economy 98(6): 1325-1348.

De Bondt, Werner F.M. and Richard H. Thaler. 1990. "Do Security Analysts Overreact?" American Economic Review 80(2): 52-57.

Thaler, Richard H. and Eric Johnson. 1990. "Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes in Risky Choice." Management Science 36(6): 643-660.


Shefrin, H.M. and Richard H. Thaler. 1988. "The Behavioral Life-Cycle Hypothesis." Economic Inquiry 26(4): 609-643.


Thaler, Richard H. 1987. "The Psychology of Choice and the Assumptions of Economics." In Laboratory Experiments in Economics: Six Points of View. Edited by Alvin Roth. Cambridge University Press.

De Bondt, Werner F.M. and Richard H. Thaler. 1987. "Further Evidence on Investor Overreaction and Stock Market Seasonality" Journal of Finance 42: 557-581.


Kahneman, Daniel, Jack Knetsch and Richard H. Thaler. 1986. "Fairness as a Constraint on Profit-Seeking: Entitlements in the Market" American Economic Review 76(4): 728-741.

Thaler, Richard H. 1986. "The Psychology and Economics Conference Handbook: Commentary on papers by H. Simon, H. Einhorn and R. Hogarth, and A. Tversky and D. Kahneman." Journal of Business.

Kahneman, Daniel, Jack Knetsch and Richard H. Thaler. 1986. "Fairness and the Assumptions of Economics," Journal of Business 59(4): S285-300.

Thaler, Richard H. 1986. "Illusions, Mirages, and Public Policy." Judgment and Decision Making: An Interdisciplinary Reader. Edited by Hal Arkes and Kenneth Hammond. Cambridge University Press.


Russell, Thomas and Richard H. Thaler.1985. "The Relevance of Quasi Rationality in Competitive Markets." American Economic Review 75: 1071-1082. (Reprinted and corrected version from Quasi Rational Economics)

De Bondt, Werner F.M. and Richard H. Thaler. 1985. "Does the Stock Market Overreact?" Journal of Finance, 40: 793-805.

Thaler, Richard H. 1985. "Mental Accounting and Consumer Choice." Marketing Science. 4: 199-214.


Thaler, Richard H. and Kathy Utgoff. 1984. "An Economic Analysis of Multiyear Procurement." Operations Research in Cost Analysis. Edited by Gerald R. McNichols. Operations Research Society of America.


Thaler, Richard H. 1983. "Illusions, Mirages, and Public Policy." Environmental Impact, Assessment, Technology Assessment and Risk Analysis. Edited by V.T. Covello et al. NATO ASI Series.

Thaler, Richard H. 1983. "Illusions, Mirages, and Public Policy." Public Interest Fall.

Thaler, Richard H. 1983. "Transaction Utility Theory." Paper presented during the proceedings of the Association for Consumer Research Conference, San Francisco.


Thaler, Richard H. 1982. "Precommitment and the Value of a Life." The Value of Life and Safety. Edited by Michael Jones-Lee. North-Holland Press.

Gould, William and Richard H. Thaler. 1982. "Public Policy Toward Life Saving: Should Consumer Preferences Rule?" Journal of Policy Analysis and Management.


Thaler, Richard H. 1980. "Toward A Positive Theory of Consumer Choice." Journal of Economic Behavior and Organization, 1: 39-60. Reprinted edition. Edited by Breit and Hochman.

Thaler, Richard H. 1980. "Judgment and Decision Making Under Uncertainty: What Economists Can Learn from Psychology." Risk Analysis in Agriculture: Research and Educational Developments. Presented at a seminar sponsored by the Western Regional Research Project W-149, Tucson, Arizona.

Shefrin, H. M. and Richard H. Thaler. 1980. "Interpreting Rationality in Hierarchical Games." Economic Letters.


Thaler, Richard H. 1979. "Discounting and Fiscal Constraints: Why Discounting is Always Right." Defense Management Journal October 15: 2.

Mayers, David and Richard H. Thaler. 1979. "Sticky Wages and Implicit Contracts: A Transactional Approach." Economic Inquiry. October 17(4): 559-574.


Thaler, Richard H. 1978. "A Note on the Value of Crime Control: Evidence from the Property Market." Journal of Urban Economics, 5: 137-145.


Thaler, Richard H. 1977. "An Econometric Analysis of Property Crime: Interaction Between Police and Criminals." Journal of Public Economics; 8(1): 37-51.

Rosen, Sherwin and Richard H. Thaler. 1977. "Some Results of Research on the Value of Saving Lives." Proceedings of a Workshop on the Measure of Intangible Environmental Impacts. Electric Power Institute.


Thaler, Richard H. 1976. "On Optimal Speed Limits." Auto Safety Regulation: The Cure or the Problem? edited by Henry Manne and Roger Miller.

Lasky, Jeffrey and Richard H. Thaler. 1976. "Design Requirements for Criminal Justice Research and Resource Management/Planning Systems." Proceedings of the Second International Symposium of Criminal Justice Information and Statistics Systems.


Rosen, Sherwin and Richard H. Thaler. 1975. "The Value of Saving A Life: Evidence From The Labor Market." Household Production and Consumption, edited by Nester Terleckyj. National Bureau of Economic Research: 265-298.

"Anomalies" Articles published in the Journal of Economic Perspectives, First Series

  1. Thaler, Richard H. 1987. "Seasonal Movements in Security Prices I: The January Effect." Journal of Economics Perspective 1(1): 197-201.
  2. Thaler, Richard H. 1987. "Seasonal Movements in Security Prices II: Weekends, Holidays, Turn of the Month and Intra-day Effects." Journal of Economic Perspectives 1(2):169-177.
  3. Thaler, Richard H. 1988. "The Winners Curse." Journal of Economic Perspectives 2(1): 191-202.
  4. Thaler, Richard and William Ziemba. 1988. "Parimutual Betting Markets: Racetracks and Lotteries." Journal of Economic Perspectives 2(2):161-174.
  5. Dawes, Robyn and Richard H. Thaler. 1988. "Cooperation." Journal of Economic Perspectives 2(3): 187-197.
  6. Thaler, Richard H. 1988. "The Ultimatum Game." Journal of Economic Perspectives 2(4): 195-206.
  7. De Bondt, Werner and Richard H. Thaler. 1989. "A Mean Reverting Walk Down Wall Street." Journal of Economic Perspectives 3(1): 189-202.
  8. Thaler, Richard H. 1989. "Interindustry Wage Differentials." Journal of Economic Perspectives 3(2): 181-193.
  9. Loewenstein, George and Richard H. Thaler. 1989. "Intertemporal Choice" Journal of Economic Perspectives 3(4): 181-193.
  10. Thaler, Richard H. 1990. "Saving, Fungibility, and Mental Accounts." Journal of Economic Perspectives 4(1): 193-205.
  11. Thaler, Richard H. and Amos Tversky. 1990. "Preference Reversals." Journal of Economic Perspectives 4(2): 201-211.
  12. Froot, Ken and Richard H. Thaler. 1990. "Foreign Exchange." Journal of Economic Perspectives 4(3): 179-192.
  13. Lee, Charles, Adrei Schleifer and Richard H. Thaler. 1990. "Closed End Mutual Funds." Journal of Economic Perspectives 4(4):153-164.
  14. Kahneman, Daniel, Jack Knetsch and Richard H. Thaler. 1991. "The Endowment Effect, Loss Aversion, and Status Quo Bias." Journal of Economic Perspectives 5(1): 193-206.

Second Series

  1. Camerer, Colin and Richard H. Thaler. 1996. "Ultimatums, Dictators and Manners, " Journal of Economic Perspectives 9(2): 209-219.
  2. Hines, James and Richard H. Thaler. 1995. "The Flypaper Effect" Journal of Economic Perspectives 9(4): 217-226.
  3. Siegel, Jeremy and Richard H. Thaler. 1997. "The Equity Premium Puzzle" Journal of Economic Perspectives 11(1): 191-200.
  4. Rabin, Matthew and Richard H. Thaler. 2001. "Risk Aversion" Journal of Economic Perspectives 15(1): 219-232.
  5. Lamont, Owen and Richard H. Thaler. 2003. "The Law of One Price in Financial Markets" Journal of Economics Perspectives 17(4): 191-202.