• Mon. Jun 24th, 2024

Pioneering Behavioral Economist Daniel Kahneman Dies at 90, Nobel Laureate of 2002

BySamantha Jones

Mar 27, 2024
Nobel Prize Winner Daniel Kahneman, Israeli-American Psychologist, Passes Away in the USA

In 2002, renowned Israeli-American psychologist Daniel Kahneman was awarded the Nobel Prize in Economics for his innovative application of psychological methods to the field of economics. He passed away on March 27 at the age of 90 in the United States. His death was confirmed by his stepdaughter Deborah Treisman, an editor at The New Yorker.

Born in Tel Aviv in 1934, Kahneman received a bachelor’s degree in mathematics and psychology from the Hebrew University of Jerusalem in 1954. After working in the psychological unit of the Israeli Defense Forces, where he developed questionnaires to assess conscripts’ personalities, Kahneman moved to the United States to pursue a PhD in psychology at the University of California, Berkeley. While there, he also maintained his connections with Israel by working at the Hebrew University.

As one of the pioneers of behavioral economics, Kahneman was instrumental in applying psychological principles to economic decision-making. His groundbreaking studies on judgment and decision-making under uncertainty earned him the Nobel Prize in Economics, making him the first psychologist to receive this prestigious award. Despite conducting his research as a psychologist rather than an economist, Kahneman’s work had a profound impact on the field of economics.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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