Economist, born in Tel Aviv, Israel. He studied at the Hebrew University, Jerusalem (1954 BA) and the University of California at Berkeley (1961 PhD), later joining Princeton University. He holds dual citizenship, of Israel and the USA. He shared the 2002 Nobel Prize for Economics for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty.
Daniel Kahneman (born March 5, 1934 in Tel Aviv), is an American psychologist, notable for his pioneering work on behavioral finance and hedonic psychology.
With Amos Tversky and others, Kahneman established a cognitive basis for common human errors using heuristics and in developing prospect theory.
Kahneman spent his childhood years in Paris, France and moved to Palestine in 1946. in mathematics and psychology from the Hebrew University in Jerusalem in 1954, after which he served in the Israeli Defense Forces, principally in its psychology department. in Psychology from the University of California, Berkeley in 1961.
Currently a faculty member at Princeton University and a fellow at Hebrew University, he is the winner of the 2002 Nobel Prize in Economics for his work in prospect theory despite being a research psychologist and not an economist. In fact, Kahneman claims to have never taken a single economics course — he claims that what he knows of the subject he and Tversky learned from collaborators Richard Thaler and Jack Knetsch.
In explaining why he entered the field of psychology, Kahneman once wrote:
It must have been late 1941 or early 1942. He was wearing the black uniform that I had been told to fear more than others - the one worn by specially recruited SS soldiers.
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