Nobel Laureate Economist Daniel Kahneman Passes Away

Daniel Kahneman, an Israeli-American cognitive psychologist and Nobel laureate in economics, passed away at the age of 90.

Israel’s President Isaac Herzog informed about it in a statement on Wednesday and said, “We lost one of the brightest minds we have known,” adding that Kahneman’s research has made history and changed the way humanity perceives reality.

“His research will continue to contribute to humanity and science even after his death, as will the many students he inspired,” the Israeli President said.

Kahneman received the Nobel Prize in 2002 for integrating psychological research insights into economic science, particularly focusing on human judgment and decision-making in uncertain situations.