Nobel Prize in Economics - Human Judgment and Decision-making under UncertaintyInternational Awards
Prof. Daniel Kahneman, Prof. Amos Tversky (1937-1996)
The Hebrew University of Jerusalem, Princeton University
Prof. Daniel Kahneman and Prof. Amos Tversky’s research focus was judgment and decision making under conditions of uncertainty. The research revealed psychological mechanisms that cause systematic errors under predictable conditions. The findings were central in the birth of behavioral economics and influenced research in many other fields. For the research, Prof. Kahneman won the Nobel Prize in Economics in 2002.