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
ideas psychology done
The idea that you can ask one question and it makes the point - well, that wasn't how psychology was done at the time.
thinking feelings deliberate
Slow thinking has the feeling of something you do. It's deliberate.
decision should rely
Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.
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.
effort arguing coast
Mental effort, I would argue, is relatively rare. Most of the time we coast.
memories attention reason
Intelligence is not only the ability to reason; it is also the ability to find relevant material in memory and to deploy attention when needed.
creativity sadness errors
Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition. These findings add to the growing evidence that good mood, intuition, creativity, gullibility, and increased reliance on System 1 form a cluster. At the other pole, sadness, vigilance, suspicion, an analytic approach, and increased effort also go together. A happy mood loosens the control of System 2 over performance: when in a good mood, people become more intuitive and more creative but also less vigilant and more prone to logical errors.
people workplace economy
People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.
running white coats
Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
book people looks
When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
important way turns
When you analyze happiness, it turns out that the way you spend your time is extremely important.
average cheerful looks
Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day.
loss ideas long
If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.
mistake feedback expertise
True intuitive expertise is learned from prolonged experience with good feedback on mistakes.