American economist Richard H. Thaler won the Nobel Prize in Economic Sciences for his contributions to Behavioral economics. He worked to bridge the gap between economics and psychology. Thaler was born in East Orange, New Jersey, United States on September 12, 1945. Now he is servicing as a professor of University of Chicago Booth School of Business from 1995. He also worked at Johnson Graduate School of Management from 1978 to 1995. He completed his honor’s degree from Case Western Reserve University in 1967 and took his masters degree and Ph.D. in 1970 and 1974 respectively from University of Rochester. He has a lot of publications. In 2015 he published “Misbehaving: The Making of Behavioral Economics”.