Daniel Kahneman News
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
Example: Airplane Pilots' Landings A classic example is can be seen in work by the psychologists Amos Tversky and Daniel Kahneman . They noted that if a beginning pilot makes a very good landing, it's likely that his next one will not be as
Does Joe DiMaggio's Streak Deserve an Asterisk?
people unconsciously think, to have his streak depend on such thin threads. As psychologists Amos Tversky and Daniel Kahneman demonstrated years ago, however, people fervently mistakenly believe in hot hands, in clutch hitters, in coming
Deny All You Want, They'll Still Believe
These and other psychological foibles have been well-known, especially since cognitive psychologists Amos Tversky, Daniel Kahneman and many other researchers began describing and cataloging them more than 30 years ago. Despite this, a recent study
Why do People Choose to Live in Harm's Way?
More people think that they would be safe in a major hurricane in North Carolina today than believed that in 1995." Daniel Kahneman , a Nobel economics winner at Princeton, has also looked at this issue. In essence, he argues, people in California
Who's Counting: Which 'Experts' Make Better Political Predictions?
consequences to which it can lead. A variety of cognitive illusions studied by Amos Tversky, Nobel Prize winner Daniel Kahneman and other psychologists are also discussed in "Expert Political Judgment." The book repeatedly underscores the
Tuesday Morning Quaterback: It Doesn't Pay To Punt
improving, then speculates about why "life gets better but people feel worse." A recent study by researchers including Daniel Kahneman , a Nobel Prize winner, and Alan Kruger, one of the leading names in behavior economics, adds new detail on that
Excerpt: "Satisfaction: The Science of Finding True Fulfillment"
purchasing power. Bernoulli knew that money had diminishing utility, but he never explained why. In the 1970's, Daniel Kahneman and Amos Tversky, both psychologists, showed that Bernoulli had missed a crucial aspect of how people think about
Paulos: Psychology Offers Insight Into War
There are many other psychological foibles, some first pointed out by cognitive psychologists Amos Tversky and Daniel Kahneman , that are also relevant to the situation in Iraq and are a useful corrective to overweening confidence and presumption
Behavioral Puzzles in Business and Diplomacy
Why was I so stupid?" In their already classic book Judgement Under Uncertainty, psychologists Amos Tversky and Daniel Kahneman give at least a partial answer to this perennial question. They describe some of the myriad ways in which we, subject
Book Excerpt: Authentic Happiness
flawed measure of how good or how bad we judge an episode a movie, a vacation, a marriage, or an entire life to be. Daniel Kahneman , a distinguished professor of psychology at Princeton and the world's leading authority on hedonics, has made
Why People Lose Their Life Savings
Says People Act Rationally? This so-called "inside view" a term popularized by Princeton University psychologist Daniel Kahneman is just one of many phenomena behavioral economists have observed over the years that cast doubt on classical economic
Study: Gambling Affects Brain Like Drugs
researchers reported. Besides Breiter, the research team included Peter Shizgal of Concordia University in Montreal, Daniel Kahneman of Princeton University and Anders Dale and Itzhak Aharon, both of Massachusetts General Hospital.