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psychology Decision Making

Rational choice and judgment

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Knowledge and Decisions

person Sowell, Thomas

event 1980

Analysis of how knowledge is used in economic decision-making, examining the role of prices, incentives, and institutions in coordinating dispersed...

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person Authors

Kahneman, Daniel

event 1934 - 2024

Israeli-American psychologist and economist, Nobel laureate in Economics (2002), pioneer in behavioral economics and cognitive biases

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psychology Concepts

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Hanlon's Razor

An adage or rule of thumb that states: 'Never attribute to malice that which is adequately explained by stupidity.' This principle encourages the a...

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