Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.
Daniel Kahneman
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Tend
Susceptible
Group
Inferior
Groups
Inferiors
Everybody
Extreme
Individual
Similar
Extremes
Clubs
Individuals
Biases
More quotes by Daniel Kahneman
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.
Daniel Kahneman
By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.
Daniel Kahneman
Laziness is built deep into our nature.
Daniel Kahneman
An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can't easily recognize that they are the same.
Daniel Kahneman
I enjoy being active, but I look forward to the day when I can retire to the Internet.
Daniel Kahneman
That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
Daniel Kahneman
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.
Daniel Kahneman
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
It is the consistency of the information that matters for a good story, not its completeness. Indeed, you will often find that knowing little makes it easier to fit everything you know into a coherent pattern.
Daniel Kahneman
People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion.
Daniel Kahneman
The amount of success it takes for leaders to become overconfident isn't terribly large.
Daniel Kahneman
The illusion that we understand the past fosters overconfidence in our ability to predict the future.
Daniel Kahneman
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.
Daniel Kahneman
It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all.
Daniel Kahneman
An individual who expresses high confidence probably has a good story, which may or may not be true.
Daniel Kahneman
Political columnists and sports pundits are rewarded for being overconfident.
Daniel Kahneman
One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.
Daniel Kahneman
Groups tend to be more extreme than individuals.
Daniel Kahneman
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.
Daniel Kahneman
Experts don't know exactly where the boundaries of their expertise are.
Daniel Kahneman