Daniel Kahneman

Psychologist Israeli-American Born 1934 (age 92)

Israeli-American psychologist who won Nobel Prize for behavioral economics research.

377 quotes

"Intelligence is not a reliable guard against cognitive biases."
Knowledge
"The fundamental attribution error causes us to overestimate personality and underestimate situation."
Relationships
"Effort and attention are limited resources that we must allocate wisely."
Work
"The illusion of understanding extends to our own minds and motivations."
"We remember the drama of events more than their actual occurrence."
Time
"The peak-end rule suggests we judge experiences primarily by their peak and how they end."
Life
"Counterfactual thinking—imagining how things could have been—is a fundamental human activity."
Imagination
"We are inconsistent in our preferences depending on the context in which choices are presented."
"The endowment effect makes us value things more highly simply because we own them."
"Cognitive biases are not flaws—they are features of how human minds evolved."
Nature
"The narrative fallacy leads us to create stories that impose coherence on random events."
Philosophy
"Experts in one domain are no better at resisting bias in other domains."
Knowledge
"We have a tendency toward binary thinking that oversimplifies a nuanced world."
Wisdom
"The illusion of control is strongest when we can exercise some action, even if it's irrelevant."
Power
"Self-criticism is easier than acknowledging the limits of one's knowledge."
Truth
"We predict the future based largely on the past, ignoring how much the world changes."
Time
"The contrast effect means we judge things relative to recent comparisons rather than in absolute terms."
"Habituation explains why major life events have smaller long-term emotional impacts than we expect."
Happiness
"We are better at judging others' biases than at recognizing our own."
"The illusion of understanding is reinforced when we can explain something, even if poorly."
Education
"Most people are bad at estimating the probability of rare events."
Science
"Our emotional state biases how we interpret ambiguous information."
Relationships
"The clustering illusion makes us see patterns in randomness, especially in small samples."
Knowledge
"Declinism—the belief that things are getting worse—is a common cognitive bias."
Hope
"We tend to assume that others have similar beliefs and values to ourselves."
Truth
"The actor-observer bias makes us attribute our behavior to circumstances but others' to personality."
Relationships
"Wishful thinking influences what we believe about the world."
Philosophy
"The default effect shows we strongly prefer not to make changes to the status quo."
Change
"We are surprisingly poor judges of how much time has passed."
Time
"The curse of knowledge makes it difficult for experts to understand how novices think."
Education