- Person
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- Nov 07, 2020
Daniel Kahneman Quotes
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- Last Updated on May 30, 2021
- Narrow
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- Nov 07, 2020
We have a very narrow view of what is going on.
- Economic Theory
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- Nov 07, 2020
We don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it.
- Effort
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- Nov 07, 2020
The effort invested in 'getting it right' should be commensurate with the importance of the decision.
- Happy
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- Nov 07, 2020
Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life.
- Opinions
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- Nov 07, 2020
We're generally overconfident in our opinions and our impressions and judgments.
- Domains
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- Nov 07, 2020
There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.
- Important
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- Nov 07, 2020
When you analyze happiness, it turns out that the way you spend your time is extremely important.
- Differently
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- Nov 07, 2020
It's not a case of: 'Read this book and then you'll think differently. I've written this book, and I don't think differently.
- Know
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- Nov 07, 2020
It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health; they also want to know whether researchers can validate subjective responses with physiological indices.
- Future
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- Nov 07, 2020
My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
- Nov 07, 2020
Nothing in life is quite as important as you think it is while you're thinking about it.
- Emotional
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- Nov 07, 2020
So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to.
- Emotions
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- Nov 07, 2020
We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely to involve powerful emotions and strong impulses to action.
- Life
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- Nov 07, 2020
The experiencing self lives in the moment; it is the one that answers the question, 'Does it hurt?' or 'What were you thinking about just now?' The remembering self is the one that answers questions about the overall evaluation of episodes or periods of one's life, such as a stay in the hospital or the years since one left college.
- Happiness
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- Nov 07, 2020
I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness.
- Good
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- Nov 07, 2020
Suppose you like someone very much. Then, by a familiar halo effect, you will also be prone to believe many good things about that person - you will be biased in their favor. Most of us like ourselves very much, and that suffices to explain self-assessments that are biased in a particular direction.
- Doing
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- Nov 07, 2020
We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.
- Look
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- Nov 07, 2020
If people are failing, they look inept. If people are succeeding, they look strong and good and competent. That's the 'halo effect.' Your first impression of a thing sets up your subsequent beliefs. If the company looks inept to you, you may assume everything else they do is inept.
- Follow
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- Nov 07, 2020
The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.
- Nature
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- Nov 07, 2020
By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.
- Enemies
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- Nov 07, 2020
People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They like boldness and despise the appearance of timidity and protracted doubt.
- Feelings
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- Nov 07, 2020
Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them.
- People
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- Nov 07, 2020
Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.
- Choices
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- Nov 07, 2020
If individuals are rational, there is no need to protect them against their own choices.
- Nov 07, 2020
Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.
- Good
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- Nov 07, 2020
It is the consistency of the information that matters for a good story, not its completeness. Indeed, you will often find that knowing little makes it easier to fit everything you know into a coherent pattern.
- Different Emotions
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- Nov 07, 2020
Alternative descriptions of the same reality evoke different emotions and different associations.
- Loss
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- Nov 07, 2020
People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel.
- Good
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- Nov 07, 2020
When people evaluate their life, they compare themselves to a standard of what a successful life is, and it turns out that standard tends to be universal: People in Togo and Denmark have the same idea of what a good life is, and a lot of that has to do with money and material prosperity.
- Look
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- Nov 07, 2020
When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
- Getting
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- Nov 07, 2020
One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.
- Feel
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- Nov 07, 2020
When people talk of the economy being strong, they don't seem to feel that they, too, are better off.
- People
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- Nov 07, 2020
People who know math understand what other mortals understand, but other mortals do not understand them. This asymmetry gives them a presumption of superior ability.
- New
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- Nov 07, 2020
People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.
- Insurance
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- Nov 07, 2020
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
- Happiness
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- Nov 07, 2020
The concept of happiness has to be reorganised.
- Isolation
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- Nov 07, 2020
There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.
- Optimistic
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- Nov 07, 2020
Most people are highly optimistic most of the time.
- Nov 07, 2020
The average investor's return is significantly lower than market indices due primarily to market timing.
- People
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- Nov 07, 2020
I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.
- Difficult
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- Nov 07, 2020
It's very difficult to distinguish between what a person believes and what they say they believe.
- Make
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- Nov 07, 2020
Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong.
- Culture
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- Nov 07, 2020
Through some combination of culture and biology, our minds are intuitively receptive to religion.
- Hard
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- Nov 07, 2020
If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.
- Know
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- Nov 07, 2020
All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal.
- Only
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- Nov 07, 2020
We don't only tell stories when we set out to tell stories, our memory tells us stories. That is, what we get to keep from our experiences is a story.
- Memories
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- Nov 07, 2020
Doubting what you see is a very odd experience. And doubting what you remember is a little less odd than doubting what you see. But it's also a pretty odd experience, because some memories come with a very compelling sense of truth about them, and that happens to be the case even for memories that are not true.
- My Life
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- Nov 07, 2020
People are very complex. And for a psychologist, you get fascinated by the complexity of human beings, and that is what I have lived with, you know, in my career all of my life, is the complexity of human beings.
- Better Off
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- Nov 07, 2020
If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.
- Hindsight
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- Nov 07, 2020
Hindsight bias makes surprises vanish.
- Like
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- Nov 07, 2020
There is a huge wave of interest in happiness among researchers. There is a lot of happiness coaching. Everybody would like to make people happier.
- Experiencing
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- Nov 07, 2020
The experiencing self lives its life continuously. It has moments of experience, one after the other.
- Long
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- Nov 07, 2020
Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long; that means that, you know, in a life there are about 600 million of them; in a month, there are about 600,000 - most of them don't leave a trace.
- Future
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- Nov 07, 2020
We think of our future as anticipated memories.
- People
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- Nov 07, 2020
One emphasis of my research has been on the question of how people spend their time. Time is the ultimate finite resource, or course, so the question of how people spend it would seem to be important.
- Mood
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- Nov 07, 2020
People's mood is really determined primarily by their genetic make-up and personality, and in the second place by their immediate context, and only in the third and fourth place by worries and concerns and other things like that.
- Mood
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- Nov 07, 2020