Nobel Laureate Economist, Psychologist. He was best known as a corecipient of the 2002 Nobel Prize in Economic Sciences with Vernon L. Smith for his integration of psychological research into economic science. He studied psychology at the Hebrew University of Jerusalem (B.A., 1954) and the University of California, Berkeley (Ph.D., 1961). He served as a lecturer from 1961 to 197 and a professor of psychology from 1970 t0 1978 at the Hebrew University. From 2000 to his passing, he held a fellowship at the university's Center for Rationality. After teaching at the University of British Columbia in Vancouver from 1978 to 1986 and the University of California, Berkeley from 1986 to 1994, he became the Eugene Higgins Professor of Psychology at Princeton University and a professor of public affairs at Princeton's Woodrow Wilson School of Public and International Affairs. In 2007, he retired from both posts as emeritus professor. In the late 1960s, he began the research that would earn the Nobel Prize. His research, which drew on cognitive psychology in relation to the mental processes used in forming judgments and making choices. This led to the formulation of a new branch of economics called prospect theory. For this research, he shared the Nobel Prize in Economic Sciences with Vernon L. Smith in 2002. He also earned various other honors and awards including the Presidential Medal of Freedom in 2013. During his career, he authored various books in regards to his research.
Nobel Laureate Economist, Psychologist. He was best known as a corecipient of the 2002 Nobel Prize in Economic Sciences with Vernon L. Smith for his integration of psychological research into economic science. He studied psychology at the Hebrew University of Jerusalem (B.A., 1954) and the University of California, Berkeley (Ph.D., 1961). He served as a lecturer from 1961 to 197 and a professor of psychology from 1970 t0 1978 at the Hebrew University. From 2000 to his passing, he held a fellowship at the university's Center for Rationality. After teaching at the University of British Columbia in Vancouver from 1978 to 1986 and the University of California, Berkeley from 1986 to 1994, he became the Eugene Higgins Professor of Psychology at Princeton University and a professor of public affairs at Princeton's Woodrow Wilson School of Public and International Affairs. In 2007, he retired from both posts as emeritus professor. In the late 1960s, he began the research that would earn the Nobel Prize. His research, which drew on cognitive psychology in relation to the mental processes used in forming judgments and making choices. This led to the formulation of a new branch of economics called prospect theory. For this research, he shared the Nobel Prize in Economic Sciences with Vernon L. Smith in 2002. He also earned various other honors and awards including the Presidential Medal of Freedom in 2013. During his career, he authored various books in regards to his research.
Bio by: Mr. Badger Hawkeye
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