Quotes by: Daniel Kahneman
If individuals are rational, there is no need to protect them against their own choices.
People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and emotional well-being.
Nothing in life is as important as you think it is while you are thinking about it.
Nothing in life is quite as important as you think it is while you're thinking about it.
We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely to involve powerful emotions and strong impulses to action.
Poverty is clearly one source of emotional suffering, but there are others, like loneliness. A policy to reduce the loneliness of the elderly would certainly reduce suffering.
People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.
Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.
The experiencing self lives in the moment; it is the one that answers the question, 'Does it hurt?' or 'What were you thinking about just now?' The remembering self is the one that answers questions about the overall evaluation of episodes or periods of one's life, such as a stay in the hospital or the years since one left college.
Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong.
Alternative descriptions of the same reality evoke different emotions and different associations.
People's mood is really determined primarily by their genetic make-up and personality, and in the second place by their immediate context, and only in the third and fourth place by worries and concerns and other things like that.
If you think in terms of major losses, because losses loom much larger than gains - that's a very well-established finding - you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse.
When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life.
The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.
When people evaluate their life, they compare themselves to a standard of what a successful life is, and it turns out that standard tends to be universal: People in Togo and Denmark have the same idea of what a good life is, and a lot of that has to do with money and material prosperity.