Bridge over ocean
1 July 1996 Financial Analysts Journal Volume 52, Issue 4

Amos Tversky, Behavioral Finance, and Nobel Prizes

  1. Russell J. Fuller

The death of Amos Tversky on June 2, 1996, brought an end to the distinguished career of one of the pioneers of behavioral finance. Tversky documented a number of systematic errors in judgment to which humans are prone—cognitive illusions being one of the best known. Tversky's work fit the pattern of Nobel Prize winners in economics in challenging conventional wisdom, being based on “simple” ideas, and spawning copious research by others.

Read the Complete Article in Financial Analysts Journal Financial Analysts Journal CFA Institute Member Content

We’re using cookies, but you can turn them off in Privacy Settings.  Otherwise, you are agreeing to our use of cookies.  Accepting cookies does not mean that we are collecting personal data. Learn more in our Privacy Policy.