New Delhi CNN —Daniel Kahneman, who won the Nobel Prize for his pioneering theories on behavioral economics, has died. The Israeli-American psychologist died peacefully on Wednesday, according to a release from Princeton University, whose faculty he had joined in 1993. Kahneman, who also wrote the best-selling book Thinking, Fast and Slow, helped debunk the notion that people’s behavior is driven by rational decision-making, and instead is often based on instinct. Then, at 27, he returned to Hebrew University to teach statistics and psychology and began his famous partnership with Amos Tversky, also a Hebrew University psychology professor. In 2002, six years after Tversky’s death, Kahneman won the Nobel Prize in Economics for their models of how intuitive reasoning is flawed in predictable ways.

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Persons: New Delhi CNN — Daniel Kahneman, Kahneman, Danny, Eldar Shafir, ” Kahneman, Amos Tversky Organizations: New, New Delhi CNN, Princeton University, Hebrew University, Royal Swedish Academy of Sciences Locations: New Delhi, American, Tel Aviv, Paris, France, British, Palestine, Israel, Jerusalem, Berkeley