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When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Happiness
Look
Wells
Book
Well
Distinguish
Looks
Books
People
Word
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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 illusion that we understand the past fosters overconfidence in our ability to predict the future.
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In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.
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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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Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person - you already feel fortunate.
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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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I'm not a great believer in self-help.
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I enjoy being active, but I look forward to the day when I can retire to the Internet.
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If individuals are rational, there is no need to protect them against their own choices.
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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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An individual who expresses high confidence probably has a good story, which may or may not be true.
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Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.
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If you can't take the time for a vacation right now, or even a night out with friends, put something on the calendar - even if it's a month or a year down the road. Then whenever you need a boost of happiness, remind yourself about it.
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