Thinking, Fast and Slow author Daniel Kahneman dies aged 90: Psychologist won a ... trends now
Psychologist and Nobel Prize winner Daniel Kahneman died Wednesday at the age of 90.
The Israeli-born researcher became famous for his insights into how neurological biases impact decision making.
Together with Amos Tversky, his longtime collaborator, the pair undermined the long-held belief in the field of economics that humans are 'rational actors'.
The research, described in Kahneman's 2011 best seller 'Thinking, Fast and Slow,' illustrated how much of our decision making is shaped by ingrained mental quirks that can distort thoughts in irrational yet predictable ways.
Daniel Kahneman, an Israeli-born researcher who became famous for his insights into how neurological biases impact decision making, died Wednesday at the age of 90
In 2011, Kahneman released a book 'Thinking, Fast and Slow,' which explained his Nobel Prize award winning theory about how human beings often do not behave as rational actors when making decisions
Kahneman, born in Tel Aviv, served in the Israeli Army in the 1950s, where he observed a test the army used to identify future leaders.
The test continuously failed to produce candidates who performed especially well at officer training school, but that reality did not convince the observers that their assessments, which seemed intuitively correct, were wrong.
'It was the first cognitive illusion I discovered,' he wrote, later coining the phrase 'the illusion of validity.'
In 'Thinking, Fast and Slow,' he explained that 'many people are overconfident, prone to place too much faith in their intuitions.
'They apparently find cognitive effort at least mildly unpleasant and avoid it as much as possible.'
Kahneman's death was confirmed by his partner, Barbara
