Daniel Goldstein Explained

Daniel Goldstein
Birth Place:United States
Field:Psychology
Behavioral economics
Computer science
Work Institutions:Microsoft Research
London Business School
Columbia University
Max Planck Institute
Alma Mater:University of Chicago
Doctoral Advisor:Gerd Gigerenzer
Known For:Decision making
heuristics
Prizes:Max Planck Institute Otto Hahn Medal (1997)

Daniel G. Goldstein (born 1969) is an American cognitive psychologist known for the specification and testing of heuristics and models of bounded rationality in the field of judgment and decision making. He is an honorary research fellow at London Business School and works with Microsoft Research as a principal researcher.

Education

Goldstein received his Bachelor of Science degree in computer science from the University of Wisconsin–Madison in 1993 and a Ph.D. in Cognitive Psychology from the University of Chicago in 1997.[1]

Career

Goldstein and his doctoral advisor Gerd Gigerenzer started the Center for Adaptive Behavior and Cognition at the Max Planck Institute in Germany, where Goldstein worked as a research scientist for several years.

In 2002, Goldstein became associate director of the Center for the Decision Sciences[2] at Columbia University before becoming an assistant professor of marketing at London Business School in 2005. In 2009, Goldstein accepted an offer as a principal research scientist at Yahoo! Research.[3] In 2012, Goldstein was part of a group of Yahoo scientists who left en masse to found the New York City lab of Microsoft Research, where he is senior principal research manager.[4] [5]

Goldstein's doctoral thesis used computer simulation to study the accuracy and frugality of satisficing heuristics for making inferences. Investigations of the take-the-best heuristic[6] and the recognition heuristic[7] were later published as journal articles in Psychological Review and in the book Simple Heuristics That Make Us Smart.[8] These fast and frugal heuristics have since had an impact in medicine, law and politics, and other areas outside psychology.[9] [10] [11] [12] With Eric J. Johnson, Goldstein authored an article on organ donation in the journal Science[13] [14] [15] [16] Along with Nobel Laureate William F. Sharpe, he created the Distribution Builder method for eliciting probability distributions.[17] [18] [19] Hal Hershfield and Goldstein ran virtual reality experiments in which people saw renderings of themselves as senior citizens and increased their intentions to save for retirement, as discussed in Goldstein's TED talk The Battle Between Your Present and Future Self.[20]

In 2014, Goldstein was elected president of the Society for Judgment and Decision Making.[21]

Notable contributions

Selected publications (listed chronologically)

External links

Notes and References

  1. Web site: Daniel Goldstein CV.
  2. Web site: The Center for the Decision Sciences - Home . July 23, 2015 . https://web.archive.org/web/20091021122436/http://decisionsciences.columbia.edu/ . October 21, 2009 . dead .
  3. Web site: Home research.yahoo.com.
  4. News: Microsoft Opens New York Research Lab With Former Yahoo Scientists . . Adario . Strange . 2012-05-03.
  5. Web site: Dan Goldstein at Microsoft Research.
  6. Reasoning the fast and frugal way: Models of bounded rationality . Psychological Review . 1996 . Gerd . Gigerenzer . Daniel G. Goldstein . 103 . 4 . 650–669 . 2008-02-27 . 10.1037/0033-295X.103.4.650 . 8888650. 21.11116/0000-0000-B771-2 . 10.1.1.174.4404 .
  7. Models of ecological rationality: The recognition heuristic. . Psychological Review . Daniel Goldstein . Daniel G. . Goldstein . Gerd Gigerenzer . 109 . 1 . 75–90 . 2008-02-27 . 2002 . 10.1037/0033-295X.109.1.75 . 11863042. 11858/00-001M-0000-0025-9128-B . free .
  8. Book: Simple Heuristics That Make Us Smart . Gigerenzer, G. . Todd, P. M. . the ABC Research Group . Oxford University Press . New York . 1999 . 978-0-19-514381-2.
  9. Simple Minds, Smart Choices . Science News . 1999-05-29 . Bruce . Bower . 155 . 22 . 348–349 . 10.2307/4011573. 4011573 .
  10. News: Louis . Menand . The Unpolitical Animal . 2004-08-30 . The New Yorker . dead . https://web.archive.org/web/20130604003959/http://www.newyorker.com/archive/2004/08/30/040830crat_atlarge?printable=true . June 4, 2013 . mdy .
  11. News: Barbara . Kiviat . Why We Buy the Products We Buy . 2007-08-16 . . dead . https://web.archive.org/web/20071018060403/http://www.time.com/time/magazine/article/0,9171,1653659,00.html . October 18, 2007 . mdy .
  12. Book: Gigerenzer, Gerd . Gerd Gigerenzer . Christoph Engel . Heuristics and the Law . MIT Press . 2006 . New York . 978-0-262-07275-5 . February 29, 2008 . https://web.archive.org/web/20080302133058/http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=10993 . March 2, 2008 . dead .
  13. Do defaults save lives? . Science . 2003 . Eric J. . Johnson . Daniel G. Goldstein . 302 . 5649 . 1338–1339 . 10.1126/science.1091721 . 14631022. 166476782 .
  14. News: Eduardo . Porter . Choice Is Good. Yes, No or Maybe? . 2005-03-27 . https://web.archive.org/web/20170810133134/http://www.nytimes.com/2005/03/27/weekinreview/27port.html?ex=1186804800&en=6a8b8eb46b18cb78&ei=5070 . dead . August 10, 2017 . . 2008-02-27 . mdy-all .
  15. Web site: Looking for Sound Financial Advice? Look to Psychology . 2008-02-27 . 2004-02-19 . APA Online; Psychology Matters . American Psychological Association.
  16. News: Richard . Thaler . Opting in vs. Opting Out . 2009-09-27 . The New York Times . 2009-09-27 .
  17. Choosing OutcomesVersus Choosing Products: Consumer-Focused Retirement Investment Advice . Journal of Consumer Research . 2008 . DanielG. . Goldstein . Daniel Goldstein . Eric J. Johnson . William F.Sharpe . 35 . 3. 440–456 . 10.1086/589562. 10083583 .
  18. News: William F. . Sharpe . Daniel G. Goldstein . Philip W. Blythe . The Distribution Builder: A Tool for Inferring Investor Preferences . 2000-10-10 . 2008-02-27 . dead . https://web.archive.org/web/20071015134730/http://stanford.edu/~wfsharpe/art/qpaper/qpaper.html . October 15, 2007 . mdy .
  19. Web site: Distribution Builder Video . 2008-02-27 .
  20. Increasing saving behavior through age-progressed renderings of the future self. . Journal of Marketing Research . 2011 . H. . Hershfield . Goldstein, D. G. . Sharpe, W. F. . Fox, J. . Yeykelis, L. . Carstensen, L. L. . Bailenson, J. N. . 48 . SPL . S23–S37 . 10.1509/jmkr.48.SPL.S23 . 24634544 . 3949005.
  21. Web site: Society for Judgment and Decision Making.