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Tversky, Amos (1937–1996)

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The New Palgrave Dictionary of Economics
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Abstract

Amos Tversky (1937–1996), a cognitive psychologist, is regarded as a giant in the study of human judgment and decision making, and one of the founders of behavioural economics. His early work in mathematical psychology focused on choice, similarity and measurement. With Daniel Kahneman, he collaborated on a highly influential study of judgmental heuristics and biases, and later published a seminal paper on prospect theory, a descriptive theory of individual choice. These projects have had a revolutionary impact on the study of judgment and decision making. Tversky’s work has been influential across many disciplines; he won many awards for diverse accomplishments.

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Bibliography

  • Gilovich, T.D., D.W. Griffin, and D. Kahneman (eds.). 2001. Heuristics and biases: The psychology of intuitive judgment. Cambridge: Cambridge University Press.

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  • Kahneman, D., J.L. Knetsch, and R. Thaler. 1990. Experimental tests of the endowment effect and the Coase theorem. Journal of Political Economy 98: 1325–1348.

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  • Samuelson, W., and R. Zeckhauser. 1988. Status quo bias in decision making. Journal of Risk and Uncertainty 1: 7–59.

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  • Shafir, E. (ed.). 2004. Preference, belief, and similarity: The selected writings of Amos Tversky. Cambridge, MA: MIT Press.

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Shafir, E. (2018). Tversky, Amos (1937–1996). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2018

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