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Saturday, October 5, 2024
Saturday October 5, 2024
Saturday October 5, 2024

Daniel Kahneman, Nobel Prize-winning psychologist and pioneer of behavioural economics, dies at 90

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Renowned Israeli-American academic, known for groundbreaking work in human decision-making, leaves a lasting legacy

Daniel Kahneman, a pioneering psychologist whose groundbreaking theories in behavioural economics reshaped the understanding of human decision-making, passed away at the age of 90. Kahneman’s seminal work, including his bestselling book “Thinking, Fast and Slow,” challenged conventional notions of rational decision-making, demonstrating instead how instinct and cognitive biases often influence human behaviour.

His employer, Princeton University, where Kahneman served until his death, confirmed the news, noting his profound impact on the social sciences. Colleagues hailed Kahneman’s contributions, emphasizing the transformative influence of his research on psychology and economics.

In 2002, Kahneman was awarded the Nobel Memorial Prize in Economic Sciences for his pioneering research alongside his longtime collaborator Amos Tversky. Together, they revolutionized the field of economics by demonstrating the prevalence of irrational decision-making processes driven by subconscious biases and mental shortcuts.

Born in Tel Aviv, Kahneman’s work challenged traditional assumptions about human rationality, paving the way for a deeper understanding of decision-making processes. His partner, Barbara Tversky, emphasized that the family would not disclose details regarding Kahneman’s passing.

Described by Steven Pinker as “the world’s most influential living psychologist,” Kahneman leaves behind a legacy of groundbreaking research that has had a profound impact on academia and beyond. Reflecting on his life’s work, Kahneman expressed gratitude for a fulfilling career, marked by unexpected success and enduring contributions to the field of psychology.

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