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 Swiss Confederation in 1815, the thaler was readopted as the currency of Geneva. It circulated until 1839, when it was replaced by the franc. In the late 18th century, billon coins were issued in denominations of 6 and 9 deniers, 1, , 3 and 6 sols, together with silver 15 sols, and 1 thaler and gold 1 and 3 "pistole". The thaler were coined as "VI FLORINS IV VI", whilst the 1 thaler were coined "XII FLORINS IX SOLS". Geneva thaler The thaler was the currency of the Geneva until 1798 (except briefly between 1794 and 1795) and between 1813