thaler

American  

[tah-ler] / ˈtɑ lər /

Also taler

noun

plural

thaler, thalers

1. any of various former large coins of various German states; dollar.

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thaler British  

/ ˈtɑːlə /

noun

1. a former German, Austrian, or Swiss silver coin

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Etymology

Origin of thaler

From German, dating back to 1780–90; dollar

Example Sentences

Small environmental tweaks—what Richard Thaler and Cass Sunstein call “choice architecture”—change the cost structure of daily decisions.

From The Wall Street Journal

A number of Americans carried the ball from there, perhaps none more single-mindedly than Richard Thaler.

From The Wall Street Journal

The focus, Mr. Thaler writes, was on “on economics anomalies, which would be defined as empirical observations that were inconsistent with standard economic theory.”

From The Wall Street Journal

Now, with the help of Alex O. Imas, a colleague in behavioral science and economics at the University of Chicago, Mr. Thaler has brought out a revised and expanded version of “The Winner’s Curse,” subtitled “Behavioral Economics Anomalies, Then and Now.”

From The Wall Street Journal

That said, Mr. Thaler and his fellow behavioral economists have made an enormous contribution by helping their profession, along with the rest of us, understand the ways real people differ from the dispassionate homo economicus who stood in for us for so long.

From The Wall Street Journal