首页
登录
职称英语
[originaltext]American economist Richard Thaler has won the 2017 Nobel Prize fo
[originaltext]American economist Richard Thaler has won the 2017 Nobel Prize fo
游客
2023-08-07
18
管理
问题
American economist Richard Thaler has won the 2017 Nobel Prize for Economics. Thaler was recognized for his work as a behavioral economist. That means he studies the reasons behind the economic decisions people make. Thaler received the prize partly for his research into why people often make irrational financial decisions. The Royal Swedish Academy of Sciences announced the $1.1 million prize on Monday.
Speaking of the prize money, Thaler told reporters in Chicago after the announcement, “I will spend it as irrationally as possible.” The award committee said Thaler explored “the consequences of limited rationality, social preferences, and lack of self-control.” It said the American economist’s work has shown how human qualities affect people’s individual decisions and the movements of financial markets. Thaler developed the theory of “mental accounting.” It describes how people create separate accounts in their minds to try to simplify financial decision-making. He described how this can lead to less rational financial decisions like saving for a vacation while paying high credit card interest. His research, Bloomberg noted, showed that people often choose short-term pleasures, “which is why many people fail to plan and save for their old age.” The Reuters said Thaler’s research showed that such traits “as lack of self-control and fear of losing what you already have” can cause people to make bad short-term decisions. One of those, Thaler noted, was keeping stock shares that have lost value or selling them too soon when they have gained value. Thaler helped develop the “nudge” theory. It is the idea that small incentives can influence people to make good decisions. He said people should be permitted to make their own choices, but society “should actively try to guide individuals in the right direction.” Cass Sunstein and Thaler wrote about the idea in the 2008 book Nudge. The theory has been used by political candidates as they work to influence voters and government officials seeking to make changes in society. Other areas also interested Thaler. He studied fairness. He found that people can accept increasing prices if the costs of many things are going up. But he found that they strongly disapprove of companies that raise prices simply because of high demand for one product. Bloomberg called Thaler’s Nobel Prize “a reward for 40 years of work spent studying human bias and temptation.” Thaler is considered one of the first behavioral economists. His field, once criticized, has grown in popularity among economists over the last 10 years.
Questions 23 to 25 are based on the recording you have just heard.
23. What does Richard Thaler study?
24. Why do many people fail to plan and save for their old age according to Bloomberg?
25. What can we learn about Behavioral Economics?
选项
A、It was criticized at some time in the past.
B、It is now the most attractive field in economics.
C、It has a history of less than 40 years.
D、It focuses on studying human bias and temptation.
答案
A
解析
转载请注明原文地址:https://tihaiku.com/zcyy/2905377.html
相关试题推荐
[originaltext]W:OK,I’vegotallthepaperworkhereforyourapplication.Every
[originaltext]W:OK,I’vegotallthepaperworkhereforyourapplication.Every
[originaltext]M:ItsaysherethatyougraduatedfromUniversityofPennsylvania
[originaltext]W:OK,I’vegotallthepaperworkhereforyourapplication.Ever
[originaltext]W:OK,I’vegotallthepaperworkhereforyourapplication.Ever
[originaltext]W:OK,I’vegotallthepaperworkhereforyourapplication.Ever
[originaltext]W:OK,I’vegotallthepaperworkhereforyourapplication.Ever
[originaltext]M:ItsaysherethatyougraduatedfromUniversityofPennsylvani
[originaltext]M:ItsaysherethatyougraduatedfromUniversityofPennsylvani
[originaltext]M:ItsaysherethatyougraduatedfromUniversityofPennsylvani
随机试题
People’sstatusinsocietyisfrequently______byhowmuchtheyown.A、measured
地热发电的过程,就是把地下热能首先转变为机械能,然后再把机械能转变为电能的过程。
下列关于企业产权转让的表述错误的是( )。A.因产权转让致使国家不再拥有所出资企
牡丹皮药材粉末升华的结晶滴加三氯化铁醇溶液后A:结晶变为紫红色B:结晶溶解而显
生物利用度指的是A.制剂中药物被机体吸收进入体循环的速度与程度 B.药物从体内
除终端负荷变电站外,220kV及以上电压等级变电站的母线保护应按双重化配置。
甲国船东所有的“柠檬树”号货轮(在丙国注册)由于航行需要.不得不经过乙国的领海。
A.医师可以对所在机构的医疗、预防、保健工作和卫生行政部门的工作提出意见和建议,
下列选项中,适用9%税率的有()。A.交通运输服务 B.邮政服务 C.
债权人按照合同约定占有对方(债务人)的财产,当债务人不能按照合同约定期限履行债务
最新回复
(
0
)