Daniel Kahneman
Daniel Kahneman
Daniel Kahnemanis an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences. His empirical findings challenge the assumption of human rationality prevailing in modern economic theory...
NationalityIsraeli
ProfessionPsychologist
Date of Birth5 March 1934
CountryIsrael
Daniel Kahneman quotes about
mistake feedback expertise
True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
should-have ideas rising
In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.
confidence people planning
People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
self-esteem people challenges
Facts that challenge basic assumptions-and thereby threaten people's livelihood and self-esteem-are simply not absorbed. The mind does not digest them.
evolution quotations
You can always find an evolutionary quotation for anything. But the question is whether it's functional, which is not the same as being evolutionary.
fear children thinking
What happens with fear is that probability doesn't matter very much. That is, once I have raised the possibility that something terrible can happen to your child, even though the possibility is remote, you may find it very difficult to think of anything else. Emotion becomes dominant.
use-of-time way use
The easiest way to increase happiness is to control your use of time.
views
We have a very narrow view of what is going on.
truth people opinion
People assign much higher probability to the truth of their opinions than is warranted.
optimistic risk definitions
A plan is only a scenario, and almost by definition, it is optimistic... As a result, scenario planning can lead to a serious underestimate of the risk of failure.
people decision want
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.
clubs groups individual
When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.
long political example
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.
thinking feelings deliberate
Slow thinking has the feeling of something you do. It's deliberate.