Development Management Price Tversky 
Harvard Business Review
JUNE 8, 2012
Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Since 1950, only 3 of 21 have managed the feat, and none have done so since 1978. He's good, just not worth the price. That's about a 40% rate. But it gets worse.
Harvard Business Review
JUNE 8, 2012
Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Since 1950, only 3 of 21 have managed the feat, and none have done so since 1978. He's good, just not worth the price. That's about a 40% rate. But it gets worse.
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Harvard Business Review
AUGUST 31, 2011
The last decade has seen an increased appreciation of behavioral economics and its effect on the practice of management. Their approach, however, does little to reveal the biases embedded in the assumptions held by management teams and reflected in the frameworks they use. But such case studies are not a scientific justification.
Harvard Business Review
APRIL 2, 2014
The prizes were awarded “for their empirical analysis of asset prices,” but what the three had been doing looked from the outside less like a common endeavor than a not-all-that-coherent argument. Campbell’s work has also made liberal use of the analytic tools developed by Hansen. Still, Campbell is a great explainer.
Harvard Business Review
JULY 23, 2012
The psychologists Daniel Kahneman and Amos Tversky demonstrated quite convincingly that we human beings are not the model-optimizing "rational" actors that many economists historically believed we are. They were truly knowledgeable within their domain, but it was often developments outside of their domain that derailed their predictions.
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