Daniel Kahneman, Nobel-winning psychologist who upended economics, dies at 90

Working with psychologist Amos Tversky, Kahneman isolated biases that distort decision-making. These include aversion to loss and how the way a question is framed can affect the answer. For example, if a health program will save 200 lives and result in 400 deaths, whether it's accepted may depend on whether its proponents highlight the lives saved or the lives lost. Read The Rest at :