Written by the Fiveable Content Team • Last updated September 2025
Verified for the 2026 exam
Verified for the 2026 exam•Written by the Fiveable Content Team • Last updated September 2025
Definition
Tversky & Kahneman refer to Amos Tversky and Daniel Kahneman, two influential psychologists who conducted groundbreaking research on human judgment and decision-making. Their work shed light on various cognitive biases and heuristics.
Related terms
Prospect Theory: A theory developed by Tversky & Kahneman that explains how people make decisions under uncertainty, emphasizing that individuals value potential losses and gains differently.
The study of systematic errors in thinking or judgment that can skew decision-making; an area extensively explored by Tversky & Kahneman.
Dual Process Theory: The idea proposed by Tversky & Kahneman that there are two distinct systems (intuitive and deliberative) involved in human reasoning and decision-making.