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Prospect theory is a theory of behavioral economics, judgment and decision making that was developed by Daniel Kahneman and Amos Tversky in 1979. The theory was cited in the decision to award Kahneman the 2002 Nobel Memorial Prize in Economics .
Tversky, as a co-recipient with Daniel Kahneman, earned the 2003 University of Louisville Grawemeyer Award for Psychology. [15] After Tversky's death, Kahneman was awarded the 2002 Nobel Memorial Prize in Economic Sciences for the work he did in collaboration with Tversky.
In 1995, he received (joint with Amos Tversky), the Warren Medal of the Society of Experimental Psychologists; In 2001, he was elected a member of the National Academy of Sciences; In 2002, Kahneman received the Nobel Memorial Prize in Economic Sciences, despite being a
Mar 28, 2024 · In collaboration with his colleague and friend of nearly 30 years, the late Amos Tversky of Stanford University, Kahneman applied cognitive psychology to economic analysis, laying the foundation for a new field of research — behavioral economics — and earning Kahneman the Nobel Prize in Economics in 2002.
Mar 27, 2024 · Died: 27 March 2024. Affiliation at the time of the award: Princeton University, Princeton, NJ, USA. Prize motivation: “for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty”. Prize share: 1/2.
Prize Lecture, December 8, 2002. by. DANIEL KAHNEMAN*. Princeton University, Department of Psychology, Princeton, NJ 08544, USA. The work cited by the Nobel committee was done jointly with the late Amos Tversky (1937–1996) during a long and unusually close collaboration. Together, we explored the psychology of intuitive beliefs and choices ...
Dec 7, 2016 · December 7, 2016. The book “The Undoing Project: A Friendship That Changed Our Minds,” by Michael Lewis, tells the story of the psychologists Amos Tversky, left, and Daniel Kahneman, right...
