Daniel Kahneman News
Nobel goes to Richard Thaler who made economics human again
Economics Nobel goes to Richard Thaler, who showed that people behave irrationally
Richard Thaler wins Nobel for work in behavioral economics
The Nobel economics prize has been awarded to Richard Thaler of the University of Chicago for research showing how people's economic choices _ whether on savings or game shows like "Deal or No Deal" _ are not always rational
5 Things to Know This Morning
Your look at the five biggest and most buzz-worthy stories of the morning. 1. Watch Deaf Minnesota Infant Hear His Mom for the First Time A 9-week old infant looked surprised when he heard his mother's voice clearly for the first time, thanks to hearing aids . Elijah Cook was born profoundly deaf
The Thinking Behind CEO's Move to Pay His Workers $70,000 a Year
Dan Price, the CEO of Gravity Payments in Seattle, has touched off a national debate over his plan to pay all of his workers a yearly salary of at least $70,000. But where did that figure come from and what's behind it? The number, the CEO said, comes from a 2010 Princeton University study by
Obama Honors Clinton, Oprah With Medal Of Freedom
President Obama today awarded the National Medal of Freedom, the nation’s highest civilian honor, to 16 Americans, saying, “Their extraordinary lives remind us all of the beauty of the human spirit, the values that define us as Americans, the potential that lives inside of all...
President Obama to Honor Oprah, Bill Clinton, Ernie Banks With Medal of Freedom
What do former President Bill Clinton, Oprah Winfrey and baseball great Ernie Banks have in common? They are among the 16 recipients of the Presidential Medal of Freedom that President Obama will honor at the White House later this year. “The Presidential Medal of Freedom...
Study vs. Study: The Decline Effect and Why Scientific 'Truth' So Often Turns Out Wrong
A few years ago, I devoted a Who's Counting article to the work of Dr. John Ioannidis, a medical researcher now at Stanford. Ioannidis examined the evidence in 45 well-publicized health studies from major journals appearing between 1990 and 2003. His conclusion: the results of more than one third
Does Joe DiMaggio's Streak Deserve an Asterisk?
Report Suggests Slugger May Have Gained From Yankees' Relationship With Official Scorer
Deny All You Want, They'll Still Believe
Iraq and 9/11, sex trafficking, flu vaccines, widespread autism. Cognitive biases color our view of these and other issues and can affect our policy choices. Because they are well-, but not widely understood, I'd like to briefly mention three of the most common ones and some related new and
Why do People Choose to Live in Harm's Way?
Maybe the wind is shifting, the air is cooling, and the fires are coming under control. Still plenty of pain to go around. In the meantime, some of you have posted a difficult question in the last couple of days:...