Nobel Prize winner Daniel Kahneman dies at 90

Nobel Prize winner Daniel Kahneman, who pioneered theories in behavioural economics that heavily influenced the discipline, has died at age 90, his employer confirmed Wednesday.

(FILES) Former US President Barack Obama presents the Presidential Medal of Freedom to psychologist Daniel Kahneman during a ceremony in the East Room of the White House on November 20, 2013 in Washington, DC. – Nobel Prize winner Daniel Kahneman, who pioneered theories in behavioral economics that heavily influenced the discipline, has died at age 90, his employer confirmed March 27. Kahneman, who wrote best-selling book “Thinking, Fast and Slow,” argued against the notion that people’s behavior is rooted in a rational decision-making process — rather that it is often based on instinct. (Photo by Mandel NGAN / AFP)

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