The American elite university of Princeton announced this on Wednesday. Kahneman taught in Princeton, New Jersey until his death.
The author of the bestseller ‘Thinking Fast, Thinking Slow’ believed that people’s behavior is not based on a rational decision-making process, but often on instinctive action.
Kahneman’s former colleague Eldar Shafir said in a press release about the deceased: “Many areas of the social sciences have not been the same since he came on the scene. We will miss him very much.”
Kahneman received the Alfred Nobel Memorial Prize in Economics in 2002 for his research in psychology and economics. In 2013 he received the Presidential Medal of Freedom from then US President Barack Obama.
His most popular theory challenged traditional economic approaches that assumed people were completely rational and self-interested. Instead, he argued that people have mental biases that can distort their judgments. (sda/afp)
Soource :Watson
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