Education[edit] Thaler graduated from Newark Academy,[12] before going on to receive his B.A. degree in 1967 from Case Western Reserve University,[13] and his M.A. in 1970 and Ph.D. degree in 1974 from the University of Rochester, writing his thesis on "The Value of Saving A Life: A Market Estimate" under the supervision of Sherwin Rosen.[14] He also studied under departmental chair and neoclassic