- Kahneman and Tversky and the making of behavioral economics
- Award date
- 29 May 2009
- Number of pages
- Amsterdam: Thela Thesis
- Document type
- PhD thesis
- Faculty of Economics and Business (FEB)
- Amsterdam School of Economics Research Institute (ASE-RI)
In the 1950s and 1960s, mathematical psychology and behavioral decision research arose in the unique context of the University of Michigan. These two psychological programs gave rise to Daniel Kahneman and Amos Tversky's famous research of the 1970s. In the early 1980s, Kahneman and Tversky's research was incorporated into financial economics, resulting in the new field of behavioral finance. In the 1990s, behavioral finance broadened its scope and became behavioral economics, a dominant new research program in economics. Despite its explorations in various directions and its claim of Herbert Simon's heritage in the 2000s, behavioral economics remains firmly attached to the framework as set out by Kahneman and Tversky.
- Tinbergen Institute research series no. 455
Research conducted at: Universiteit van Amsterdam
If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library, or send a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible.