Daniel Kahneman, the Eugene Higgins Professor of Psychology and professor of psychology and public affairs emeritus at the Woodrow Wilson School, was presented with the Talcott Parsons Prize by the American Academy of Arts and Sciences on November 9, 2011. First awarded in 1974, the Talcott Parsons Prize was established to honor the noted sociologist and former president of the American Academy and recognizes those for their outstanding contributions to the social sciences.

Kahneman received the 2002 Nobel Prize in Economics for his work with Amos Tversky on decision-making. Kahneman was elected a fellow of the American Academy of Arts and Sciences in 1993. He is also a member of the National Academy of Sciences, a fellow of the American Psychologial Association, the American Psychological Society, the Society of Experimental Psychologists, and the Econometric Society. He is also the author of a new book, Thinking, Fast and Slow, which examines the way we think.

Founded in 1780, the American Academy is a leading, independent research center that conducts studies in science and technology policy, global security, the humanities and culture, social policy, and education.