5th World Congress: Investing in Health

Closing Plenary Speaker

Daniel Kahneman

Daniel Kahneman (Princeton University, USA) was born 1934 in Tel Aviv, Israel. In 1954, he received his B.A. in Psychology and Mathematics from the Hebrew University, Jerusalem, and in 1961, his PhD in Psychology from University of California at Berkeley. Since 1993, he has been the Eugene Higgins Professor of Psychology and Professor of Public Affairs in the Woodrow Wilson School of Public and International Affairs at Princeton University.

He shared the 2002 Nobel Prize in Economics (formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel) with Vernon L. Smith (George Mason University, USA).

Dr. Kahneman was recognized for having "... integrated insights from psychology into economics, thereby laying the foundation for a new field of research. Kahneman's main findings concern decision-making under uncertainty, where he has demonstrated how human decisions may systematically depart from those predicted by standard economic theory. Together with Amos Tversky (deceased in 1996), he has formulated prospect theory as an alternative, that better accounts for observed behavior. Kahneman has also discovered how human judgment may take heuristic shortcuts that systematically depart from basic principles of probability. His work has inspired a new generation of researchers in economics and finance to enrich economic theory using insights from cognitive psychology into intrinsic human motivation."

Awards and Distinctions
  • Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2002
  • Grawemeyer Prize in Psychology (joint with Amos Tversky), 2002
  • Member, National Academy of Sciences, 2002
  • Honorary degrees: University of Pennsylvania, University of Trento, Ben-Gurion University, New York University.
  • George Miller Distinguished Lectureship, Cognitive Neuroscience Society, 2002
  • William James Fellow, American Psychological Society
  • Fellow, American Academy of Arts and Sciences
  • Fellow, Econometric Society
  • Member, Society of Experimental Psychologists
  • Fellow, American Psychological Association
  • Fellow, American Psychological Society
  • Fellow, Canadian Psychological Association
  • Katz-Newcomb Lecture in Social Psychology, 1979
  • Distinguished Scientific Contribution Award of the American Psychological Society, 1982
  • Fitts Lectures, University of Michigan, 1987
  • Distinguished Scientific Contribution Award, Society of Consumer Psychology, 1992
  • Tanner Lecture on Human Values, University of Michigan, 1994
  • Warren Medal of the Society of Experimental Psychologists, 1995
  • Bartlett Lecture, Experimental Psychology Society (UK), 1995
  • Hilgard Award for Lifetime Contribution to General Psychology, 1995
  • Honorary Doctor of Sciences, University of Pennsylvania, 2001
  • Career Achievement Award, Society for Medical Decision Making, 2002
  • Doctor Honoris Causa, Univeristy of Trento, 2002

For more information on Dr. Daniel Kahneman, you can read his autobiography on the Nobel Prize web site or see the Nobel Prize Lecture in RealPlayer format (also available in PDF at the same site). For a list of his research, you can go to his Curriculum Vitae.