The work of the founding father of behavioural economics, Dr. Daniel Kahneman was crucial in demonstrating how people usually confuse representativeness with probability?

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Dr. Daniel Kahneman, along with his colleague Amos Tversky, introduced the concept of the representativeness heuristic, which shows how people often judge the probability of an event by how much it resembles typical cases, leading to systematic errors in decision making.

The Work of the Founding Father of Behavioural Economics, Dr