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When people believe a conclusion is true, they are also very likely to believe arguments that appear to support it, even when these arguments are unsound.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
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Unsound
More quotes by Daniel Kahneman
Each additional day together is a gift. The end of the day means the end of hostilities, the recognition that the underlying shared values and commitment to the relationship trump the need for one last dig or self-righteous justification.
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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.
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The most effortful forms of slow thinking are those that require you to think fast.
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It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.
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Our memory tells us stories, that is, what we get to keep from our experiences is a story.
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The effort invested in 'getting it right' should be commensurate with the importance of the decision.
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If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.
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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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People are really happier with friends than they are with their families or their spouse or their child.
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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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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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The concept of happiness has to be reorganised.
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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
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If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.
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Often, the most enjoyable part of an activity is the anticipation.
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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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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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Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean that they’ve changed their mind about anything in particular. It doesn’t mean that they are now able to avoid that mistake.
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Intelligence is not only the ability to reason it is also the ability to find relevant material in memory and to deploy attention when needed.
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Laziness is built deep into our nature.
Daniel Kahneman
