Daniel Kahneman

Daniel Kahneman is a 2002 Nobel Laureate in Economic Sciences and professor emeritus at the Woodrow Wilson School of Public and International Affairs at Princeton University. Early in his career, Professor Kahneman served in the Israeli Defense Force’s psychology department, where he developed one of the main instruments used for the assignment of combat soldiers—an interview schedule that has been used continuously with little revision for more than 60 years. He has been a psychology professor at the Hebrew University of Jerusalem; the University of British Columbia; the University of California, Berkeley; and Princeton University. Professor Kahneman, together with Amos Tversky, conducted highly influential research on the psychology of judgment and decision making, which ultimately led to his Nobel Prize. Their most influential work was on prospect theory. The paper in which they described prospect theory is the second most cited in the economic literature, and the flourishing field of behavioral economics has prospect theory as major source of inspiration and ideas. Professor Kahneman also been involved in research on happiness and, most recently, in studies of “noise”—chance variability in judgments and decisions. He is the author of the best-selling book, Thinking, Fast and Slow, and he and Dr. Tversky are the subjects of Michael Lewis’s book, The Undoing Project. Professor Kahneman received a BA in psychology and mathematics from the Hebrew University of Jerusalem and a PhD from the University of California, Berkeley.

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