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CURRENT AFFAIRS
Description
Daniel Kahneman, born on March 5, 1934, in Tel Aviv, died recently at the age of 90. His family, originally from Lithuania, traveled to France before relocating to Palestine following WWII. Kahneman earned his bachelor's degree in psychology from Hebrew University in Jerusalem in 1954 and his doctorate from the University of California, Berkeley in 1961.
Work In Behavioral Economics And The Nobel Prize
Kahneman, together with his collaborator Amos Tversky, established the area of behavioral economics. Their innovative research questioned established economic techniques, saying that humans are not always entirely rational and self-interested, and that mental biases might affect their decisions. This paper earned Kahneman the Nobel Memorial Prize in Economic Sciences in 2002.
Academic Careers And Legacy
After teaching at Hebrew University, Kahneman joined Princeton University in 1993 as a psychology professor and taught at the Woodrow Wilson School of Public and International Affairs. His work has had a significant impact on numerous social sciences, with Harvard University professor Steven Pinker referring to him as "the world's most influential living psychologist" and his contributions as "monumental in the history of thought."
Important Facts
Kahneman received the Nobel Memorial Prize in Economic Sciences in 2002 for his work in psychology and economics. He questioned traditional economic ideas, claiming that humans are not always completely rational and self-interested, and that mental biases might influence their decisions.
Kahneman taught at Hebrew University before joining Princeton University in 1993 as a psychology professor and instructor at the Woodrow Wilson School of Public and International Affairs.
For nearly a decade, he worked alongside Amos Tversky on his Nobel Prize-winning work, describing their shared intellect as "better than our separate minds."
Harvard University professor Steven Pinker referred to Kahneman as "the world's most influential living psychologist" and his work as "monumental in the history of thought."
During World War II, Kahneman's family lived in France, where his father, a Jewish chemist, was jailed and ultimately released on religious grounds.
In a 2012 interview, Kahneman emphasized the human desire to present the best story possible, even when much remains uncertain.
Kahneman's work has had a significant impact on various social sciences, transforming our knowledge of human decision-making and judgment.
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