Notable Economists – India and World

46. Who is known for the concept of “irrational exuberance” in economics?
a) Robert Shiller
b) Joseph Stiglitz
c) Richard Thaler
d) Eugene Fama

47. Who is known for the theory of “supply-side economics”?
a) Arthur Laffer
b) Milton Friedman
c) John Maynard Keynes
d) Friedrich Hayek

48. Who is known for the concept of “the tragedy of the commons” in economics?
a) Garrett Hardin
b) Elinor Ostrom
c) Ronald Coase
d) Thomas Piketty

49. Who is known for the concept of “behavioral economics”?
a) Daniel Kahneman
b) Richard Thaler
c) Robert Shiller
d) Esther Duflo

50. Who is known for the theory of “efficient market hypothesis”?
a) Eugene Fama
b) John Kenneth Galbraith
c) Paul Samuelson
d) Friedrich Hayek