Daniel Kahneman, Nobel Prize-winning Psychologist and Pioneer in Behavioral Economics, Dies at 90

Nobel Prize-winning Israeli-American psychologist Daniel Kahneman dies in the United States

Daniel Kahneman, a renowned Israeli-American psychologist who was awarded the Nobel Prize in Economics in 2002, passed away on March 27 at the age of 90. His stepdaughter Deborah Treisman confirmed the news but did not provide further details about the circumstances of his death.

Kahneman was born in Tel Aviv in 1934 and graduated from the Hebrew University of Jerusalem with a bachelor’s degree in mathematics and psychology in 1954. He later went on to work in the Israeli Defense Forces in the psychological unit, where he developed questionnaires to evaluate conscripts’ personalities. In 1958, he moved to the United States to pursue his PhD in psychology at the University of California, Berkeley, while also maintaining a strong connection with Israel and working at the Hebrew University.

Kahneman is recognized as one of the pioneers of behavioral economics and has made significant contributions to our understanding of judgment and decision-making under conditions of uncertainty. He collaborated with Vernon Smith on several groundbreaking studies that have had a profound impact on economic theory. Despite being a psychologist by training, Kahneman’s innovative applications of psychological insights to economic theories earned him recognition from both disciplines and led to his awarding

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