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Sunday, December 30, 2012

Psychology of judgment and decision-making


File:Daniel KAHNEMAN.jpg
Daniel Kahneman (Hebrewדניאל כהנמן) (born March 5, 1934) is an Israeli American psychologist and winner of the 2002 Nobel Memorial Prize in Economic Sciences. He is notable for his work on the psychology of judgment and decision-makingbehavioral economics and hedonic psychology.
With Amos Tversky and others, Kahneman established a cognitive basis for common human errors using heuristics and biases (Kahneman & Tversky, 1973; Kahneman, Slovic & Tversky, 1982; Tversky & Kahneman, 1974), and developed prospect theory (Kahneman & Tversky, 1979). He was awarded the 2002 Nobel Memorial Prize in Economics for his work in prospect theory.
In 2011, he was named by Foreign Policy magazine to its list of top global thinkers.[1] In the same year, his book Thinking, Fast and Slow, which summarizes much of his research, was published and became a best seller.
Currently, he is professor emeritus of psychology and public affairs at Princeton University's Woodrow Wilson School. Kahneman is a founding partner of The Greatest Good, a business and philanthropy consulting company. He is married to Royal Society Fellow Anne Treisman.[2]/.../

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