A letter from
an alumnus about Daniel Kahneman and the Nobel Prize in Economics 2002
December 2, 2002
Princeton is indeed fortunate to have Daniel Kahneman on its faculty.
The fact that as a psychologist he received the Nobel Prize in Economics
is indicative of how he, together with his collaborator Amos Tversky,
has made fundamental contributions across disciplinary boundaries. Even
many years ago, when I met Amos Tversky and his colleague Maya Bar Hillel
when they each visited Harvard, it was clear that their contribution to
understanding clinical judgement raised central questions about the nature
of human rationality under conditions of uncertainty.
Thus when in 1981 together with Robert Hamm '7 , we coauthored our book,
Medical Choices, Medical Chances: How Patients Families and Physicians
Can Cope with Uncertainty, we found it essential to cite their early
work. Today, now illuminated by Kahneman and Tversky's work, exploring
the relationship between human judgment and motivation under conditions
of uncertainty continues to be a great adventure.