Daniel Kahneman is an Israeli Nobel Laureate, noted for his contributions to the psychology of decision-making and the creation of the prospect theory, a model describing how individuals make choices based on the potential for loss or gain.
Born March 5, 1934, in Tel Aviv, Kahneman actually spent most of his childhood in Paris. He was in France with his family when the Nazis invaded, and grew up donning the notorious yellow Star of David over his heart.
Kahneman moved to Israeli in 1948, and in 1954 he earned a degree in psychology from the Hebrew University of Jerusalem. He served on the psychology department at the Israeli Defense Forces, then traveled to the states to earn a doctorate degree from UC Berkley.
Following his studies and training, Kahneman embarked on an illustrious career that included posts at some of the most acclaimed universities in the world. He began at the Hebrew University of Jerusalem, and held positions at the University of Michigan, Cambridge and Harvard University.
During this time he began extensive research with Amos Tversky, with whom he published a series of articles on prospect theory. This work would later lead to Kahneman’s Nobel Memorial Prize in Economics in 2002.
Kahneman is currently a senior scholar and faculty member emeritus at Princeton University’s Department of Psychology and a fellow at the Hebrew University.
His wife, Anne Treisman, is also a Princeton professor of psychology. Kahneman holds both Israeli and US citizenships.