Kahneman, Daniel

Psychologist-Philosopher Israeli-American Born 1934 (age 92)

Developed behavioral economics and decision theory.

380 quotes

"Reverse psychology works because of our reactance to perceived threats to our freedom."
"The spotlight effect makes us overestimate how much others notice us."
Solitude
"Survivorship bias causes us to focus on successes and ignore failures."
History
"The Texas sharpshooter fallacy is shooting first and drawing the target around where you hit."
"Teleological bias makes us see events as having been inevitable in retrospect."
Time
"The unavailability heuristic makes us underestimate events we can't easily imagine."
Fear
"Unit bias leads us to think individual units are meaningful even when arbitrary."
"The Verbatim effect means we forget exact wording but remember meaning."
"The Weirdest People in the World bias affects how we understand human psychology."
Science
"The Zeigarnik effect makes us remember incomplete tasks better than completed ones."
Work
"Ambiguity in language often leads to misunderstandings more than we realize."
"Our brain uses energy efficiently, which sometimes means it uses shortcuts that lead to errors."
Science
"Numbers feel more precise and trustworthy, even when they're less accurate than words."
"The best way to understand human decision-making is to study actual behavior, not just stated preferences."
Wisdom
"Good intentions and good judgment are not always the same thing."
Philosophy
"We underestimate how much our mood influences our judgments about the world."
"What you see is all there is - we judge based on available information, not on what's hidden."
Truth
"The experiencing self and the remembering self often want different things."
Life
"Money buys happiness, but only up to a point where basic needs are met."
Money
"Lucky people are not more skilled; they are more attentive to opportunities."
Success
"Overconfidence is particularly common among experts in their field."
Leadership
"The harder we think about something, the more confident we become about our judgment."
Wisdom
"Statistics are important, but they can mask individual variation and human diversity."
Science
"Our intuitions are often wrong because they are based on flawed heuristics."
"The illusion of understanding leads to overconfidence in our knowledge."
Education
"We are all subject to the same cognitive biases, regardless of intelligence or expertise."
"Risk perception is not based on actual risk but on emotional impact."
Fear
"Choices reveal preferences, but preferences are not always stable or rational."
Philosophy
"Narrative thinking is powerful but can lead us to impose false causality."
Literature
"We judge others by their actions but ourselves by our intentions."
Justice