(Washington) Israeli-American Nobel Prize winner in economics Daniel Kahneman, who introduced psychological theories into economics, has died at the age of 90, Princeton University, where he continued to teach, confirmed on Wednesday. .
A psychologist by training, Daniel Kahneman, author of the bestselling book “System 1/System 2: The Two Speeds of Thought”, integrated the findings of research in his original branch into economic analysis, considerably influencing the discipline. .
He was rewarded for his work with the Nobel Prize in Economics in 2002.
Taking into account the fact that man was not the rational and selfish animal that we believed, in his decision-making, Mr. Kahneman showed how the decisions of individuals could systematically deviate from the predictions of the traditional economic theory, introducing an “irrationality variable” into the calculations.
His work has inspired a new generation of researchers in economics and finance.
“Many areas of social science are simply no longer the same because of him. He will be greatly missed,” said his colleague Eldar Shafir, professor of psychology at Princeton University, in a press release.