Work

Daniel Kahneman and psychological principles of economics

Year: 2004
Type: article
Abstract: One of the two laureates of the Nobel Prize for economics in 2002 is Daniel Kahneman. After taking a brief look at Kahneman's life, the present article surveys his contributions to our understanding of three aspects of human decision making: judgment, comparison of alternatives and types of utility. In all three areas, interesting economic applications of Kahneman's results are possible. Some of these applications are sketched.
Language: Czech
Open Access status: hybrid
OpenAlex ID: W2316290468
FWCI: 0.447
Cites: 22
Cited by: 5
Related to: 10