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People are really happier with friends than they are with their families or their spouse or their child.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Really
People
Spouse
Happier
Families
Child
Friends
Children

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When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
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Laziness is built deep into our nature.
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A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise.
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The effort invested in 'getting it right' should be commensurate with the importance of the decision.
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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.
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
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I'm not a great believer in self-help.
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That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
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Political columnists and sports pundits are rewarded for being overconfident.
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After a crisis we tell ourselves we understand why it happened and maintain the illusion that the world is understandable. In fact, we should accept the world is incomprehensible much of the time.
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Managers think of themselves as captains of a ship on a stormy sea. Risk for them is danger, but they are fighting it, very controlled.
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My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
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It was always assumed I would be a professor. I grew up thinking it.
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Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day.
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Through some combination of culture and biology, our minds are intuitively receptive to religion.
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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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The premise of this book is that it is easier to recognize other people's mistakes than your own.
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The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.
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Survival prospects are poor for an animal that is not suspicious of novelty.
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Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.
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