NOBEL Prize-winning psychologist Daniel Kahneman has died at the age of 90.
The pioneer researcher became famous for his groundbreaking theory on the human mind – how ingrained neurological biases influence decision-making.
APNobel prize winner Daniel Kahneman died aged 90[/caption]
AFPFormer US President Barack Obama presenting the Presidential Medal of Freedom to Kahneman in 2013[/caption]
AlamyDaniel Kahneman was the author of the best selling ‘Thinking Fast and Slow’[/caption]
Alongside his longtime collaborator, Amos Tversky, Kahneman reshaped the field of economics, which mostly assumed that people were “rational actors.”
The pair’s research focused on how much decision-making is shaped by quirks and mental shortcuts that can distort our thoughts in irrational yet predictable ways.
Kahneman, author of the best-selling book “Thinking, Fast and Slow,” argued against the notion that people’s behaviour is rooted in a rational decision-making process — rather than it is often based on instinct.
The psychologist’s death was confirmed by Princeton University where the Israeli-American academic until his death.
Former colleague and professor Eldar Shafir said: “Many areas in the social sciences simply have not been the same since he arrived on the scene. He will be greatly missed.”
Kahneman was awarded the Nobel Memorial Prize in Economic Sciences in recognition of his research in the fields of psychology and economics in 2002.
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