Quotes by Daniel Kahneman

About Daniel Kahneman:

Daniel Kahneman is 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 (shared with Vernon L. Smith). His empirical findings challenge the assumption of human rationality prevailing in modern economic theory.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.

Daniel Kahneman

Chance is commonly viewed as a self-correcting process in which a deviation in one direction induces a deviation in the opposite direction to restore the equilibrium. In fact, deviations are not "corrected" as a chance process unfolds, they are merel...

Daniel Kahneman

Searching for wisdom in historic events requires an act of faith—a belief in the existence of recurrent patterns waiting to be discovered.

Daniel Kahneman

However, attention can be moved away from an unwanted focus, primarily by focusing intently on another target.

Daniel Kahneman

Freedom has a cost, which is borne by individuals who make bad choices, and by a society that feels obligated to help them.

Daniel Kahneman

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...

Daniel Kahneman

Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.

Daniel Kahneman

Nothing in life is as important as you think it is when you are thinking about it.

Daniel Kahneman

The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.

Daniel Kahneman

Jumping to conclusions is efficient if the conclusions are likely to be correct and the costs of an occasional mistake acceptable. Jumping to conclusions is risky when the situation is unfamiliar, the stakes are high and there is no time to collect m...

Daniel Kahneman

The world makes much less sense than you think. The coherence comes mostly from the way your mind works.

Daniel Kahneman

A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions and marketers have always known this fact.

Daniel Kahneman

The law (of least effort) asserts that if there are several ways of achieving the same goal, people will eventually gravitate to the least demanding course of action. In the economy of action, effort is a cost, and the acquisition of skill is driven ...

Daniel Kahneman

...the characters are useful because of some quirks of our minds, yours and mine. A sentence is understood more easily if it describes what an agent (system 2) does than if it describes what something is, what properties it has.

Daniel Kahneman

If you care about being thought credible and intelligent, do not use complex language where simpler language will do. My Princeton colleague Danny Oppenheimer refuted a myth prevalent among undergraduates about the vocabulary that professors find mos...

Daniel Kahneman

The test of learning psychology is whether your understanding of situations you encounter has changed, not whether you have learned a new fact.

Daniel Kahneman

Nothing in life is as important as you think it is when you are thinking of it.

Daniel Kahneman

Dawes observed that the complex statistical algorithm adds little or no value. One can do just as well by selecting a set of scores that have some validity for predicting the outcome and adjusting the values to make them comparable (by using standard...

Daniel Kahneman

Money does not buy you happiness, but lack of money certainly buys you misery.

Daniel Kahneman

Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them.

Daniel Kahneman

Author Bio

  • NameDaniel Kahneman
  • DescriptionIsraeli-American psychologist
  • BornMarch 5, 1934
  • CountryIsrael; United States Of America
  • ProfessionPsychologist; Economist; University Professor; Scientist; Educationist