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Daniel Kahneman (3283955327) (cropped)
Daniel Kahneman (; he, דניאל כהנמן; born March 5, 1934) is an Israeli-American psychologist and economist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith). His empirical findings challenge the assumption of human rationality prevailing in modern economic theory. With Amos Tversky and others, Kahneman established a cognitive basis for common human errors that arise from heuristics and biases, and developed prospect theory. In 2011 he was named by '' Foreign Policy'' magazine in its list of top global thinkers. In the same year his book '' Thinking, Fast and Slow'', which summarizes much of his research, was published and became a best seller. In 2015, '' The Economist'' listed him as the seventh most influential economist in the world. He is professor emeritus of psychology and public affairs at Princeton ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli coastal plain, Israeli Mediterranean coastline and with a population of , it is the Economy of Israel, economic and Technology of Israel, technological center of the country. If East Jerusalem is considered part of Israel, Tel Aviv is the country's second most populous city after Jerusalem; if not, Tel Aviv is the most populous city ahead of West Jerusalem. Tel Aviv is governed by the Tel Aviv-Yafo Municipality, headed by Mayor Ron Huldai, and is home to many List of diplomatic missions in Israel, foreign embassies. It is a Global city, beta+ world city and is ranked 57th in the 2022 Global Financial Centres Index. Tel Aviv has the List of cities by GDP, third- or fourth-largest e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baruch Fischhoff
Baruch Fischhoff (born April 21, 1946, Detroit, Michigan) is an American academic who is the Howard Heinz University Professor in the Institute for Politics and Strategy and the Department of Engineering and Public Policy at Carnegie Mellon University. He is an elected member of the (US) National Academy of Sciences and National Academy of Medicine. His research focuses on judgment and decision making, including risk perception and risk Analysis. He has numerous academic books and articles. Fischhoff completed his graduate education at the Hebrew University of Jerusalem under the supervision of Daniel Kahneman and Amos Tversky. He has been honored with a 'Distinguished Achievement Award' by the Society for Risk Analysis, a Distinguished Scientific Award for an Early Career Contribution to Psychology by the American Psychological Association, an Andrew Carnegie Fellowship, and a Doctorate of Humanities, honoris causa, by Lund University. He has chaired committees of the U.S. Food ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grawemeyer Award
The Grawemeyer Awards () are five awards given annually by the University of Louisville. The prizes are presented to individuals in the fields of education, ideas improving world order, music composition, religion, and psychology. The religion award is presented jointly by the University of Louisville and the Louisville Presbyterian Theological Seminary. Initially, the awards came with a bonus of US$150,000 each, making them among the most lucrative in their respective fields. This cash prize increased to $200,000 beginning in 2000 but the award amount dropped to $100,000 in 2011 after the fund for the prize lost money due to a drop in the stock market. The first award, for Music Composition, was presented in 1985. The award for Ideas Improving World Order was added in 1988 and Education in 1989. In 1990, a fourth award, Religion, was added as a joint prize between the university and the Louisville Presbyterian Theological Seminary. Psychology was added in 2000; the first award ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Louisville
The University of Louisville (UofL) is a public research university in Louisville, Kentucky. It is part of the Kentucky state university system. When founded in 1798, it was the first city-owned public university in the United States and one of the first universities chartered west of the Allegheny Mountains. The university is mandated by the Kentucky General Assembly to be a "Preeminent Metropolitan Research University". It enrolls students from 118 of 120 Kentucky counties, all 50 U.S. states, and 116 countries around the world. Louisville is classified among "R1: Doctoral Universities – Very high research activity". The University of Louisville School of Medicine is touted for the first fully self-contained artificial heart transplant surgery, as well as the first successful hand transplantation in the United States. The University Hospital is also credited with the first civilian ambulance, the nation's first accident services, now known as an emergency departme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Psychological Society
The Association for Psychological Science (APS), previously the American Psychological Society, is an international non-profit organization whose mission is to promote, protect, and advance the interests of scientifically oriented psychology in research, application, teaching, and the improvement of human welfare. APS publishes several journals, holds an annual meeting, disseminates psychological science research findings to the general public, and works with policymakers to strengthen support for scientific psychology. History APS was founded in 1988 by a group of researchers and scientifically-oriented practitioners who were interested in advancing scientific psychology and its representation at the national and international level. This group felt that the American Psychological Association (APA) was not adequately supporting scientific research because it focused on the practitioner/clinician side of psychology, and had effectively "become a guild". Tensions between the scien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leontief Prize
The Global Development And Environment Institute (GDAE, pronounced “gee-day”) is a research center at Tufts University founded in 1993. GDAE conducts research and develops teaching materials in economics and related areas that follow an interdisciplinary approach that emphasizes ecological, cultural, social, and institutional factors. The Institute has produced more than twenty books and numerous articles, policy documents, and discussion papers. These materials are being used in academic settings, to enhance the teaching of economics and related subjects, and in policy circles, where GDAE researchers are recognized leaders in their fields. Texts and educational modules developed at GDAE are now being distributed and managed through Boston University’s ''Economics in Context Initiative''. This carries forward the effort to develop a truly “contextual economics” – one that takes full account of humanity’s social and physical environments. GDAE’s current research and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tufts University
Tufts University is a private research university on the border of Medford and Somerville, Massachusetts. It was founded in 1852 as Tufts College by Christian universalists who sought to provide a nonsectarian institution of higher learning. Tufts remained a small New England liberal arts college until the 1970s, when it transformed into a large research university offering several doctorates;Its corporate name is still "The Trustees of Tufts College" it is classified as a " Research I university", denoting the highest level of research activity. Tufts is a member of the Association of American Universities, a selective group of 64 leading research universities in North America. The university is known for its internationalism, study abroad programs, and promoting active citizenship and public service across all disciplines. Tufts offers over 90 undergraduate and 160 graduate programs across ten schools in the greater Boston area and Talloires, France. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Presidential Medal Of Freedom
The Presidential Medal of Freedom is the highest civilian award of the United States, along with the Congressional Gold Medal. It is an award bestowed by the president of the United States to recognize people who have made "an especially meritorious contribution to the security or national interests of the United States, world peace, cultural or other significant public or private endeavors." The award is not limited to U.S. citizens and, while it is a civilian award, it can also be awarded to military personnel and worn on the uniform. It was established in 1963 by President John F. Kennedy, superseding the Medal of Freedom that was established by President Harry S. Truman in 1945 to honor civilian service during World War II. There are no specific criteria for receiving the award with distinction; simply specifies that the award should come in two degrees, and hence any decision to award the higher degree is entirely at the discretion of the president. In 2017, President ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nobel Memorial Prize In Economic Sciences
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered by the Nobel Foundation. Although not one of the five Nobel Prizes which were established by Alfred Nobel's will in 1895, it is commonly referred to as the Nobel Prize in Economics. The winners of the Nobel Memorial Prize in Economic Sciences are chosen in a similar way, are announced along with the Nobel Prize recipients, and the prize is presented at the Nobel Prize Award Ceremony. The award was established in 1968 by an endowment "in perpetuity" from Sweden's central bank, Sveriges Riksbank, to commemorate the bank's 300th anniversary. It is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Psychological Association
The American Psychological Association (APA) is the largest scientific and professional organization of psychologists in the United States, with over 133,000 members, including scientists, educators, clinicians, consultants, and students. It has 54 divisions—interest groups for different subspecialties of psychology or topical areas. The APA has an annual budget of around $115 million. Profile The APA has task forces that issue policy statements on various matters of social importance, including abortion, human rights, the welfare of detainees, human trafficking, the rights of the mentally ill, IQ testing, sexual orientation change efforts, and gender equality. Governance APA is a corporation chartered in the District of Columbia. APA's bylaws describe structural components that serve as a system of checks and balances to ensure democratic process. The organizational entities include: * APA President. The APA's president is elected by the membership. The president chair ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loss Aversion
Loss aversion is the tendency to prefer avoiding losses to acquiring equivalent gains. The principle is prominent in the domain of economics. What distinguishes loss aversion from risk aversion is that the utility of a monetary payoff depends on what was previously experienced or was expected to happen. Some studies have suggested that losses are twice as powerful, psychologically, as gains. Loss aversion was first identified by Amos Tversky and Daniel Kahneman. Loss aversion implies that one who loses $100 will lose more satisfaction than the same person will gain satisfaction from a $100 windfall. In marketing, the use of trial periods and rebates tries to take advantage of the buyer's tendency to value the good more after the buyer incorporates it in the status quo. In past behavioral economics studies, users participate up until the threat of loss equals any incurred gains. Recent methods established by Botond Kőszegi and Matthew Rabin in experimental economics illustra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prospect Theory
Prospect theory is a theory of behavioral economics and behavioral finance that was developed by Daniel Kahneman and Amos Tversky in 1979. The theory was cited in the decision to award Kahneman the 2002 Nobel Memorial Prize in Economics. Based on results from controlled studies, it describes how individuals assess their loss and gain perspectives in an asymmetric manner (see loss aversion). For example, for some individuals, the pain from losing $1,000 could only be compensated by the pleasure of earning $2,000. Thus, contrary to the expected utility theory (which models the decision that perfectly rational agents would make), prospect theory aims to describe the actual behavior of people. In the original formulation of the theory, the term ''prospect'' referred to the predictable results of a lottery. However, prospect theory can also be applied to the prediction of other forms of behaviors and decisions. Overview Prospect theory stems from Loss aversion, where the obser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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