DECISION MAKING

Daniel Kahneman

Nobel Prize winner and father of behavioral economics

Daniel Kahneman is one of the foremost psychological and economic thought leaders alive today. In 2002 he was awarded the Nobel Memorial Prize in Economic Sciences for his work in behavioral economics – the psychology of judgment and decision-making. He has twice been named as one of Bloomberg’s 50 Most Influential People in Global Finance, has been recognized as one of Foreign Policy magazine’s Top Global Thinkers, and was named among the top ten most influential economists in the world by The Economist. He is the author of the best selling book Thinking Fast and Slow.

Much of Kahneman’s life and work has been devoted to behavioral economics – the science of human decision making. His empirical findings challenged assumptions about the nature of human rationality prevailing in modern economic theory. He is professor emeritus of psychology and public affairs at Princeton University’s Woodrow Wilson School and in 2001 he was elected a member of the National Academy of Sciences. His bestselling book Thinking, Fast and Slow, which summarizes much of his research, won the National Academy of Sciences Communication Award for Best Book. In 2013, President Barack Obama awarded Kahneman the Presidential Medal of Freedom.

The Psychology of Intuitive Judgment and Choices
  • Revealing the biases that impact the decisions we make – and some strategies for overcoming them
  • The role of intuition in decision-making: When to trust it and when to think twice
  • Why some people are more risk averse than others and analysing what is the optimal level of risk when taking decisions
  • The psychology of decision-making in moments of high pressure and stress