1. Home
  2. Current Affairs
  3. News Crux
  4. Daniel Kahneman

Daniel Kahneman

  • 28 Mar 2024

Daniel Kahneman, renowned psychologist and Nobel laureate, passes away, leaving a legacy of groundbreaking insights into decision-making and behavioural economics.

  • Kahneman and collaborator Amos Tversky revolutionized economics with insights into decision-making biases.
  • Their research on cognitive biases reshaped understanding of human behaviour.
  • Notable contributions include "Thinking, Fast and Slow" and development of prospect theory.
  • Kahneman's partnership with Tversky led to Nobel Prize in economics in 2002.
  • Legacy includes theories on loss aversion and prospect theory, influencing behavioral economics.