Jason Zweig wrote a really nice article in the Wall Street Journal about his friend and colleague, Daniel Kahneman, who passed away recently at the age of 90. Below, you’ll find my summary of the article and a few notes worth considering: Daniel Kahneman, the eminent psychologist from Princeton University and Nobel laureate in economics, together with his research partner Amos Tversky, fundamentally reshaped our understanding of human decision-making. Before their groundbreaking work, economists had clung to the assumption that humans were rational beings, making decisions based on self-interest and perfect information. Kahneman and Tversky shattered this illusion, revealing…
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