Robert A. Schiller

Robert A. Shiller is an influential American economist renowned for his work on financial markets and behavioral economics. He developed key tools such as the Case-Shiller Home Price Index, which tracks U.S. housing prices, and popularized the concept of "irrational exuberance" to explain market bubbles. His research highlights how psychological factors and investor sentiment impact economic outcomes. Shiller's insights help explain why markets sometimes deviate from actual values, making him a respected voice in understanding economic stability, risk, and the factors driving financial crises. He was awarded the Nobel Prize in Economic Sciences in 2013 for his contributions.