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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.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Anything
Contribution
Wells
Loneliness
Well
Easily
Made
Large
People
Conscious
Emotional
Gets
Together
Reduction
More quotes by Daniel Kahneman
The most effortful forms of slow thinking are those that require you to think fast.
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People are really happier with friends than they are with their families or their spouse or their child.
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The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.
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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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All of us would be better investors if we just made fewer decisions.
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People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations.
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Researchers who studied a thousand Dutch vacationers concluded that by far the greatest amount of happiness extracted from the vacation is derived from the anticipation period.
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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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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.
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Alternative descriptions of the same reality evoke different emotions and different associations.
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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.
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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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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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I'm not a great believer in self-help.
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People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.
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You should not take your intuitions at face value.
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
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There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.
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... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer. The mind produces something, and what it produces very characteristically is the answer to an easier but related question.
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