Robert J. Shiller

Robert J. Shiller is an influential American economist known for his work in behavioral finance and the study of asset prices. He is a Nobel Laureate, recognized for his research on how psychological factors influence markets and the economy. Shiller is also famous for developing the Case-Shiller Home Price Index, which tracks changes in U.S. housing prices. His book, "Irrational Exuberance," discusses the irrational behaviors that can lead to market bubbles and crashes, emphasizing the importance of understanding human psychology in economics. Shiller's insights have significantly shaped contemporary economic thought and policy.