Daniel Kahneman

Think fast! But ideally don't. In this podcast, Nick, Peter, and Fraser discuss Daniel Kahneman, the Nobel-prize-winning psychologist whose scholarship challenged economists' presumed rationality of human decision-making. From coining the term 'cognitive bias' and the development of prospect theory with Amos Tversky in 1979 to articulating the frequent errors which affect our decision-making heuristics, they reflect on his lasting contributions to economic science. A few things we mentioned in this podcast: - Daniel Kahneman, Nobel laureate who upended economics https://www.washingtonpost.com/obituaries/2024/03/27/daniel-kahneman-dead/ - Dual Process Theory https://en.wikipedia.org/wiki/Dual_process_theory - Living, and thinking about it: Two perspectives on life https://kahneman.scholar.princeton.edu/sites/g/files/toruqf3831/files/kahneman/files/living_dk_jr_2005.pdf - Peak-end Rule https://en.wikipedia.org/wiki/Peak%E2%80%93end_rule For more information on Aleph Insights visit our website https://alephinsights.com or to get in touch about our podcast email podcast@alephinsights.com Image: Andreas Weigand via Flickr