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Daniel Kahneman, "who never took an economics course but who pioneered a psychologically based branch of that field that led to a Nobel in economic science in 2002," died March 27 at age 90, the New York Times <https://www.nytimes.com/2024/03/27/business/daniel-kahneman-dead.html> reported. Kahneman, who was long associated with Princeton University, "employed his training as a psychologist to advance what came to be called behavioral economics."
Kahneman s public reputation was bolstered by his bestselling 2011 book, Thinking, Fast and Slow
Traditional investment approaches assume investors have equal access to market information and make rational, emotionless decisions. Behavioral finance,…