The Nobel Committee on October 9 was awarded the Swedish national Bank in memory of Alfred Nobel for Economics. The winner in 2017 Richard R. Thaler (Richard H. Thaler).
The scientists received the Nobel prize in 2017 for its contribution to behavioral Economics.
Behavioral Economics is the direction of economic theory that deals with the study of the influence of psychological factors on people’s decisions in different economic situations. While significant attention is paid to situations where people behave differently than it predicts classical economic theory with its assumption of rationality and selfishness.
In 2016, the Nobel prize in Economics was awarded to Oliver HART and Bengt Holmstrom contribution to the study of the theory of contracts.
As you know, the Nobel week started in Stockholm on 2 October. On Monday, the Committee announced the names of Nobel laureates 2017 in physiology and medicine. They were Jeffrey Hall, Michael Rosbash and Michael young. Scientists will receive the award for “discovery of the molecular mechanisms that control circadian rhythms”. We are talking about cyclical fluctuations of the intensity of various biological processes associated with the change of day and night.
On Tuesday, the Committee named the laureates of the Nobel prize in physics in 2017. They were Rainer Weiss, Barry K. Barysh and Kip S. Thorne for the detection of gravitational waves by the LIGO detector. The existence of gravitational waves 100 years ago, predicted albert Einstein, and only now people were able to detect them.
Nobel prize-2017 in chemistry will receive Jacques Dubose, Joachim Frank, Richard Henderson cryoelectronic for the development of high-resolution microscopy to determine structures of biomolecules in solution.
Nobel laureate for literature announced on 5 October, the winner of the world called 6th of October.
The ceremony of awarding the winners in 2017 will be held on December 9 in Stockholm.