| 1 | Name: | Dr. Daniel Kahneman | |
| Institution: | School of Public & International Affairs, Princeton University | ||
| Year Elected: | 2004 | ||
| Class: | 3. Social Sciences | ||
| Subdivision: | 305 | ||
| Residency: | Resident | ||
| Living? : | Deceased | ||
| Birth Date: | 1934 | ||
| Death Date: | March 27, 2024 | ||
Daniel Kahneman's initial research on perception and attention shifted to decision making, his Nobel prize work, with A. Tversky. It has continued with others since Tversky's death. Ingenious experiments and novel concepts have focused on how the decision outcome is sharply affected by their framing and by the roles of heuristics, such as availability, and biases. They have cast severe doubt on the standard rationality assumption of economics. Prospect theory, a continuing well-spring for research, captured some of the discoveries theoretically. Important applications are to economic theory, finance, law, and medicine. Born in Israel in 1934, Dr. Kahneman holds a Ph.D. from the University of California (1961). He has taught at the Hebrew University (1961-78), the University of British Columbia (1978-86), the University of California, Berkeley (1986-94) and Princeton University, where he has been Eugene Higgins Professor of Psychology and Professor of Public Affairs at the Woodrow Wilson School since 1993. In 2007 he received the American Psychological Association's Award for Outstanding Lifetime Contributions to Psychology and in 2011 he was awarded the American Academy of Arts & Sciences' Talcott Parsons Prize. His most recent book is Thinking, Fast and Slow (2011). He was awarded the 2013 Medal of Freedom by President Barack Obama. | |||