Israeli professor Daniel Kahneman, pictured, will receive the President<br />
Medal of Freedom from President Barack Obama.

(Israel Hayom/Exclusive to Israel’s Professor Daniel Kahneman, 79, who received the 2002 Nobel
Prize in Economics, has been named one of the 16 recipients of the 2013 United
States Presidential Medal of Freedom, the White House announced Thursday.

Israeli professor Daniel Kahneman, pictured, will receive the President Medal of Freedom from President Barack Obama.

The Presidential Medal of Freedom is America’s highest civilian honor,
recognizing individuals who have made an especially meritorious contribution to
the security or national interests of the U.S., world peace, cultural or other
significant public or private endeavors.

The awards will be presented at the White House later this year.

“Daniel Kahneman is a pioneering scholar of psychology. After escaping
Nazi occupation [in France] in World War II, Dr. Kahneman immigrated to Israel,
where he served in the Israel Defense Forces and trained as a psychologist.
Alongside Amos Tversky, he applied cognitive psychology to economic analysis,
laying the foundation for a new field of research and earning the Nobel Prize
in Economics in 2002. He is currently a professor at Princeton University,” the
White House’s statement said.

Born in Tel Aviv in 1934, Kahneman spent his childhood years in Paris.
After his family escaped the Nazis, he immigrated to Israel in 1948. Kahneman
is professor emeritus at Princeton University’s Department of Psychology and
Woodrow Wilson School of Public and International Affairs, as well as a fellow
at Hebrew University and a Gallup Senior Scientist. He is considered one of the
world’s foremost researchers in the fields of the psychology of judgment and
decision-making, behavioral economics and hedonic psychology.

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