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Home >> Famous Economists >> Daniel Kahneman

Daniel Kahneman

Daniel Kahneman is the co-recipient of Nobel Prize for Economics in 2002 for his contribution to the psychological research into economic science. Kahneman shared the award with American economist Vernon L. Smith.

Personal, career and Academic profiles

Daniel Kahneman was born on 5th March, 1934 in Tel Aviv, Israel. After spending his childhood days in Paris, France, Kahneman moved to Israel in 1946.

1954: Kahneman completed his B.A. from Hebrew University in Jerusalem

1961: Daniel Kahneman was awarded PhD from University of California, Berkeley

1961-70: During this period of time, Kahneman was engaged as the lecturer of psychology at Hebrew University

1970-78: Kahneman worked as a professor of psychology at Hebrew University

1993: Kahneman worked as the Eugene Higgins Professor of Psychology at Princeton University

2000: Kahneman became a fellow at the Center for Rationality of Hebrew University

Theories propounded

Daniel Kahneman will be remembered for his groundbreaking work on behavioral finance. His pioneering work can study human judgment and decision making under the condition of uncertainty. Kahneman will also be remembered for his study on psychology and economic science.

Some of the Honors and awards received by Kahneman

  • Kahneman became a fellow at the Canadian Institute for Advanced Research.
  • He also became a fellow at the Center for Advanced Study in the Behavioral Sciences.
  • Kahneman became a member of the National Academy of Science and a fellow of the American Psychological Association.
  • 1982: Kahneman achieved the Distinguished Scientific Contribution Award from the American Psychological Association.
  • 1995: He was honored with Warren Medal of the Society of Experimental Psychologists.
  • 2002: Kahneman was awarded the Nobel Prize in economic sciences.
  • 2007: He was honored with Lifetime Contribution Award of the American Psychological Association

    Working papers and publications

  • 1995 (with Donald Green, Karen Jacowitz and Daniel McFadden): "Referendum Contingent Valuation, Anchoring, and Willingness to Pay for Public Goods"
  • 2001( with Cass R. Sunstein, David Schkade, and Ilana Ritov ): "Predictably Incoherent Judgements"
  • 2006 ( with Arthur A. Stone, Alan B. Krueger, David Schkade, Norbert Schwarz and Arthur A. Stone): "Would You Be Happier If You Were Richer? A Focusing Illusion"