Daniel Kahneman is a Nobel laureate in Economics and a renowned psychologist. He is known for his pioneering work in the field of behavioral economics, which combines psychology and economics to understand how people make decisions.
Kahneman was born in Tel Aviv, Israel in 1934. He received his undergraduate degree in psychology from the Hebrew University of Jerusalem and his Ph.D. in psychology from the University of California, Berkeley.
After completing his Ph.D., Kahneman began working as a researcher at the University of Michigan, where he met his longtime collaborator, Amos Tversky. Together, Kahneman and Tversky conducted numerous studies on decision-making and judgment, and developed the concept of the "dual-systems" model of thought, which was the basis for Kahneman's later work on behavioral economics.
Kahneman's most well-known work is his book "Thinking Fast and Slow", which explores the two systems of thought that drive how people make decisions. This book won the National Academy of Sciences Best Book Award and was a bestseller in several countries.
Kahneman was awarded the Nobel Prize in Economics in 2002 for his work on prospect theory, which explains how people make decisions when facing uncertainty. He is a member of the National Academy of Sciences and the American Academy of Arts and Sciences, and has received numerous other awards and honors for his work. He is currently a professor emeritus at Princeton University.
