Published on March 28, 2024 at 10:13.
Daniel Kahneman, the man who deconstructed the idea that people tend to make rational economic decisions, died Wednesday at the age of 90. His research on the effects of cognitive biases on decision-making behavior earned him the Nobel Prize in Economics in 2002. This American-Israeli psychologist “who has never taken an economics course,” recalls the New York Timeslaid the foundations of behavioral economics.
This branch recognizes the existence of biases that can impair judgment and lead to counterintuitive behavior. She categorizes thinking into two: fast and intuitive or slow and analytical. Daniel Kahneman’s book published in 2011 on this subject, System 1/System 2: The two speeds of thoughthas profoundly influenced this discipline.
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