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
numbers facts would-be
Human beings cannot comprehend very large or very small numbers. It would be useful for us to acknowledge that fact.
roles world events
We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events.
vacation dutch anticipation
Researchers who studied a thousand Dutch vacationers concluded that by far the greatest amount of happiness extracted from the vacation is derived from the anticipation period...
mistake opportunity two
To know whether you can trust a particular intuitive judgment, there are two questions you should ask: Is the environment in which the judgment is made sufficiently regular to enable predictions from the available evidence? The answer is yes for diagnosticians, no for stock pickers. Do the professionals have an adequate opportunity to learn the cues and the regularities? The answer here depends on the professionals' experience and on the quality and speed with which they discover their mistakes.
dominance emotion argument
The dominance of conclusions over arguments is most pronounced where emotions are involved.
mistake feedback expertise
True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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.
use-of-time way use
The easiest way to increase happiness is to control your use of time.
causes persons knows
You're surprised by something, but you don't really know what surprised you; you recognize someone, but you don't really know what cues cause you to recognize that person.
mistake book people
The premise of this book is that it is easier to recognize other people's mistakes than your own.
difficult-questions people answers
People who face a difficult question often answer an easier one instead, without realizing it.
heuristics shortcuts produce
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.
laziness built
Laziness is built deep into our nature.
outcomes planning assuming
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.