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Examples
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Kahneman, in cooperation with Amos Tversky (died in 1996) has made particularly important contributions to decision-making under uncertainty.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969-2006 2010
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An important example is the application of research in empirical psychology to economics, for instance as a result of contributions by Kahneman and Tversky.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969-2006 2010
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In the late 1970s, the psychologists Daniel Kahneman and Amos Tversky began asking their students to bet on coin flips.
Balanced Budget vs. the Brain Jonah Lehrer 2011
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He adds, "This asymmetry in the passion of winners and losers has been confirmed by the Nobel Prize -- winning research of Daniel Kahneman and Amos Tversky, who found that people constantly place less value on gaining something beneficial than retaining something they already have."
Rabbi Michael M. Cohen: Can Netanyahu Become A Leader Like The Biblical Joshua? Rabbi Michael M. Cohen 2011
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This is an empirical assumption that turns out to be false (see Allais, Ellsberg, Kahneman, Tversky.)
Worrying About Demand, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Kahneman and Tversky wanted to know how big a potential payoff their students would demand for exposing themselves to this risk.
Balanced Budget vs. the Brain Jonah Lehrer 2011
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While philosophers, economists and social scientists had assumed for centuries that human beings are rational agents, Mr. Kahneman and his scientific partner, the late Amos Tversky, demonstrated that we're not nearly as rational as we like to believe.
The Science of Irrationality Jonah Lehrer 2011
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Kahneman and Tversky aren't symptoms of stupidity.
The Science of Irrationality Jonah Lehrer 2011
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Kahneman and Tversky showed that even mathematical psychologists fail on fairly simple problems of applying statistics (see "Judgment under Uncertainty"), so I think it would be difficult to find enough people to teach stats well to make a class worthwhile.
Should Empirics Determine the Curriculum?, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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I'd like you to know however that the reason I decided to get my Economics PhD and that I find it so stimulating is that I was introduced to the work of Kahneman and Tversky and Allais and others and it really struck a chord with me.
Worrying About Demand, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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