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The major catalyst of Daniel Kahneman and Amos Tversky’s work in economics was the behavioral economics program of the Sloan and Russell Sage Foundations, which ran from 1984 to 1992. The paper first introduces the Sloan and Sage foundations and the background of the main protagnists involved. Subsequently, it explores the behavioral economics program from start to finish.

A Sense of Mission: The Alfred P. Sloan and Russell Sage Foundations’ Behavioral Economics Program, 1984-1992