The AMA Dictionary of Business and Management

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Kahnemann, Daniel (1934–) Israeli-American psychologist and winner of the Nobel Prize in Economic Sciences for his work on PROSPECT THEORY. He was Professor Emeritus of Public Affairs at Princeton University’s Woodrow Wilson School. He is noted for his work on the psychology of judgment, decision making, behavioral economics, and hedonic psychology. He established a cognitive basis for common human errors using heuristics and biases.

Kaidanren Japanese Business Federation, the most powerful of Japanese business associations.

Kaiser plan Adopted by the Kaiser Steel Corporation and the Steel Workers Union, an agreement to guarantee employees against possible loss of wages or employment as a result of technological changes.

Kaizen Japanese concept ...