Kahneman’s death was confirmed by Princeton University’s Kahneman-Treisman Center for Behavioral Science & Public Policy, which said he died peacefully on 27th March.

The author of the 2011 book Thinking, Fast and Slow, Kahneman won the Nobel Memorial Prize in Economic Sciences in 2002 in recognition of his work bridging the fields of psychology and economics.

Kahneman’s work was widely seen as having laid foundations for the development of behavioural economics and modern behavioural science and their application to public policy.

Princeton said in a statement that it was proud that the Kahneman-Treisman Center bears his name along with that of his wife Anne Treisman, a Princeton scholar who died in 2018.

The university added that planning would soon commence for an on-campus celebration of Kahneman’s life and work.

“Danny was a giant in the field, a Princeton star, a brilliant man, and a great colleague and friend,” said Eldar Shafir, class of 1987 professor in behavioural science and public policy and inaugural director of the Kahneman-Treisman Center.

“Many areas in the social sciences simply have not been the same since he arrived on the scene. He will be greatly missed.”