Misbehaving (book) Misbehaving (book) Misbehaving: The Making of Behavioral Economics is a book by Richard Thaler, economist and professor at the University of Chicago's Booth School of Business. He won the Nobel Prize for economics in 2017. The book builds on Thaler's work as a Behavioral Economist in trying to present an alternate view point that humans bring along behavioral biases, are error prone, and are not always rational. This view point builds on his work from his previous book, Nudge published in 2008. Thaler ties this to the effect on markets, which are otherwise expected to be efficient. Thaler uses the
Geneva thaler Geneva thaler The thaler was the currency of the Geneva until 1798 (except briefly between 1794 and 1795) and between 1813 and 1839. It was subdivided into 12¾ "florins", each of 12 "sols", with the sol divided into 12 "deniers". The thaler was the currency of the Republic of Geneva until 1794, when it was replaced by the "genevoise". The genevoise only circulated until the next year, when the thaler was reinstated as the Republic's currency. In 1798, Geneva was annexed by France and the French franc replaced the thaler. After regaining independence from France in 1813 and joining the