Daniel Kahneman changed the lives of many
His trove of ideas inspired a career switch aimed at solving real-world problems of behaviour.
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His trove of ideas inspired a career switch aimed at solving real-world problems of behaviour.
In last week’s column, I discussed insights from Daniel Kahneman’s "Thinking, Fast and Slow." Kahneman, the 2002 Nobel Prize laureate in economics, passed away last week, the day after I submitted my column for publication. His contribution to economics was remarkable, considering he never took an economics course. Instead, as a research psychologist, his fresh thinking about economic decision-making helped reconnect economic theory to the human condition.
His research revealed our tendency to think that other people have biases but not us. It demonstrated that we are typically overconfident in our opinions, and that we exaggerate how knowable the world is
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