Daniel Kahneman

"Moral luck affects how we judge actions based on outcomes beyond the agent's control."

"The availability cascade occurs when media coverage of an event makes it feel more important."

"We evaluate sequences of outcomes based on their narrative shape rather than their total utility."

"The illusion that we know ourselves is one of the most persistent human biases."

"Most organizational failures are due to cognitive biases and misperceptions rather than external circumstances."

"We are all overconfident about our ability to predict the actions of others."

"The illusion of understanding makes complex phenomena feel more knowable than they truly are."

"The experiencing self is the one who lives in the moment, while the remembering self keeps score and makes choices based on memory."

"We are overconfident even when we have made the effort to become knowledgeable, and we are even more overconfident when we have not made the effort."

"Availability bias makes us overweight recent or emotionally vivid information when making decisions."

"The illusion of understanding is powerful. We think we understand the world better than we actually do."

"People tend to assess the relative importance of issues by the ease with which they are retrieved from memory."

"Our mind is remarkable for its ability to make sense of incomplete information, sometimes too much so."

"Anchoring effects show that initial information disproportionately influences our final judgments."

"We cannot help assigning meaning to random events, which leads us to see patterns that do not exist."

"The planning fallacy shows we consistently underestimate how long tasks will take, even when we have prior experience."

"Confidence is a feeling, not always grounded in competence or actual knowledge."

"We are prone to attribute our successes to skill and our failures to bad luck."

"Affect heuristic means our emotional response to something influences our judgment about it."

"When we are mentally busy, we are more susceptible to making poor decisions based on System 1 thinking."

"The sunk cost fallacy causes us to continue investing in failing endeavors because of past investment."

"Halo effect makes one positive trait influence our judgment of other unrelated traits."

"Representativeness bias leads us to judge probability based on similarity rather than actual statistical likelihood."

"We overestimate the extent to which other people's thoughts and behaviors are determined by their dispositions."

"Framing the same choice differently leads to dramatically different decisions, showing our irrationality."

"The myside bias makes us seek, interpret, and remember information in ways that favor our preexisting beliefs."

"Regression to the mean is often misinterpreted as causation when it is simply statistical inevitability."

"We are driven by the pleasure of confirming what we already know rather than by the pain of being wrong."

"Laziness is deeply ingrained in our nature—mental effort is costly and we avoid it when possible."

"The contrast effect makes us judge something differently based on what we have just experienced."