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It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health they also want to know whether researchers can validate subjective responses with physiological indices.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Going
Response
Physiological
Interested
Responses
Health
Economists
Clear
Researchers
Whether
Measurement
Also
Economist
Correlates
Wells
Primarily
Indices
Well
Subjective
Validate

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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
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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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There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.
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Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.
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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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The premise of this book is that it is easier to recognize other people's mistakes than your own.
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I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness.
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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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We can be blind to the obvious, and we are also blind to our blindness.
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There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.
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If individuals are rational, there is no need to protect them against their own choices.
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