Remembering Daniel Kahneman: A Pioneer in Behavioral Economics Passes Away at 90

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

Israeli-American psychologist Daniel Kahneman, who was renowned for his pioneering work in behavioral economics, passed away on March 27 at the age of 90 in the United States. 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’s groundbreaking studies on judgment and decision-making under conditions of uncertainty earned him recognition as one of the pioneers of behavioral economics. In 2002, he was awarded the Nobel Prize in Economics for his innovative applications of psychological insights to economic theories, becoming only the second person to receive this prestigious award for work outside traditional economics fields. Despite being a psychologist by training, Kahneman’s work had a profound impact on how economists understand human decision-making processes and their role in shaping economic outcomes.

Israeli-American psychologist Daniel Kahneman, who was renowned for his pioneering work in behavioral economics, passed away on March 27 at the age of 90 in the United States. 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…

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