OREANDA-NEWS Nobel Prize winner in Economics Daniel Kahneman has died at the age of 91. This is reported by The Washington Post with reference to his adopted daughter Deborah Treisman.

The scientist received the Nobel Prize in 2002 "for the application of psychological methods in economics, especially in the study of the formation of judgments and decision—making in conditions of uncertainty."

Kahneman was born in March 1934 in Tel Aviv. The scientist was one of the founders of behavioral economics, the author of the perspective theory describing decision-making in conditions of uncertainty and risk.

In October 2023, former Finnish President Martti Ahtisaari, who became a Nobel Peace Prize laureate, died. He received the award in 2008 for his peacekeeping work.