Daniel kahneman theory

Daniel Kahneman, a psychologist who was awarded the Nobel Prize in Economic Science in 2002, passed away on March 27, 2024, at the age of 90. Kahneman was known for the work on judgment and decision-making that he did alongside Amos Tversky, who passed away in 1996. Kahneman was also known for writing up his research into a popular book, Thinking, Fast and Slow, which came out in 2011.

As a psychologist who studies decision-making, I have been very inspired by Daniel Kahneman. I regret that I never got the opportunity to meet him. But despite the fact that we never met personally, he has taught me many valuable lessons. Here are some of them.

Context Matters

Kahneman and Tversky’s work centered on the ways in which people are suboptimal in their judgment and decision-making. People make judgments about others based on stereotypes, rather than statistics—an example of the “representativeness heuristic.” People make judgments about how likely an event is to happen based on how ea Autobiography format!