28/03/2024
As most of us will eventually do, he regressed to the mean, i.e., to dying. He did probably the most in recent times discovering how the human mind works. His bestseller book, Thinking Fast and Slow, is profound. His latest book, Noise, is equally promising, still on my stack of books to read.
"Professor Kahneman’s public reputation rested heavily on his 2011 book “Thinking, Fast and Slow,” which appeared on best-seller lists in science and business. One commentator, the essayist, mathematical statistician and former option trader Nassim Nicholas Taleb, author of the influential book on improbability “The Black Swan,” placed “Thinking” in the same league as Adam Smith’s “The Wealth of Nations” and Sigmund Freud’s “The Interpretation of Dreams.”
The author Jim Holt, writing in The New York Times Book Review, called “Thinking” “an astonishingly rich book: lucid, profound, full of intellectual surprises and self-help value.”
Shane Frederick, a professor at the Yale School of Management and a Kahneman protégé, said by email in 2016 that Professor Kahneman had “helped transform economics into a true behavioral science rather than a mere mathematical exercise in outlining the logical entailments of a set of often wildly untenable assumptions.”
https://www.npr.org/2024/03/27/1241206604/thinking-fast-slow-psychology-behavioral-economics-daniel-kahneman-obit-nobel?fbclid=IwAR19otVLM65OQpyzoaph9wMY9eNQPd1Ss-fj9pwHPpJfenT50nzPivd6AaE_aem_AX8Xc-MvZZ1o__DuVBRUGSs2IDTL3rYKIfZdQJysfzbqHGVTPjbtxz0kddwb1yAw4nhLBO8vJe-GFPP_nuAn0s3Z
One of the founders of behavioral economics, who incorporated human quirks into the study of how people make economic decisions, has died. Daniel Kahneman was 90.