Nobel-winning economist Daniel Kahneman dies at 90

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JERUSALEM: Daniel Kahneman, an Israeli-American cognitive psychologist and Nobel laureate in economics, has died at the age of 90.

Israel’s President Isaac Herzog in a statement on Wednesday said, “We lost one of the brightest minds we have known,” adding that Kahneman’s research has made history and changed the way humanity perceives reality, bringing great pride to Israel and the Jewish people as a whole.

“His research will continue to contribute to humanity and science even after his death, as will the many students he inspired,” the Israeli President was quoted by Xinhua news agency as saying.

Kahneman was awarded the Nobel Prize in 2002 for integrating psychological research insights into economic science, particularly focusing on human judgment and decision-making in uncertain situations.