Richard Thaler

Thaler was born in East Orange, New Jersey, the son of Roslyn (Melnikoff), a teacher, and Alan M. Thaler, who was an actuary at the Prudential Financial in Newark, New Jersey and born in Toronto His family is Jewish and he grew up with two younger brothers. He is married to France Leclerc, a former marketing professor. He has three children from his first marriage. He graduated from Newark Academy, before going on to the receive his Bachelor of Arts in 1967 from Case Western Reserve University, and his master's in 1970 and doctorate in 1974 from the University of Rochester, writing his thesis on "The Value of Saving A Life: A Market Estimate" under the supervision of Sherwin Rosen. After completing his studies, began his career as a professor at the University of Rochester. From 1978 to 1995, he was a faculty member at the SC Johnson College of Business at Cornell University and then at the University of Chicago's Booth School of Business in 1995. Since 1999, he has been the Principa