Nobel Laureate Economist Daniel Kahneman Passes Away
Daniel Kahneman, a prominent figure in the field of economics known for his contributions to the psychological and experimental research in decision-making, has died at the age of 90, as announced by his daughter.
Born on March 5, 1934, in Tel-Aviv, Daniel Kahneman was an American-Israeli psychologist and a distinguished Nobel laureate in economics. He was one of the founding figures of behavioral economics. In 2002, Kahneman was awarded the Nobel Memorial Prize in Economic Sciences jointly with American scientist Vernon L. Smith for their work uncovering the role of psychological and experimental research findings in decision-making processes.
Kahneman's research has been pivotal in the field of cognitive psychology, especially in the area of visual perception. Moreover, his work significantly contributed to the study of subjective well-being.
His bestselling book, "Thinking, Fast and Slow," published by HVG Books, delineates his groundbreaking research and contributions to understanding human thought processes and decision-making.
Daniel Kahneman's legacy continues to influence the field of economics, psychology, and beyond, shedding light on the intricate processes behind human judgment and decision-making.