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We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
People
Fairly
Quickly
Decisions
Indecisive
Perception
Decisiveness
Leadership
Pushes
Seen
Associate
Decision
Lest
Make
Associates
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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.
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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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We can be blind to the obvious, and we are also blind to our blindness.
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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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People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel.
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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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When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
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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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