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Experts don't know exactly where the boundaries of their expertise are.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Boundaries
Exactly
Expertise
Experts

More quotes by Daniel Kahneman

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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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It was always assumed I would be a professor. I grew up thinking it.
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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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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.
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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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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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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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The premise of this book is that it is easier to recognize other people's mistakes than your own.
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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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You're surprised by something, but you don't really know what surprised you you recognize someone, but you don't really know what cues cause you to recognize that person.
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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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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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Often, the most enjoyable part of an activity is the anticipation.
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Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.
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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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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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What happens with fear is that probability doesn't matter very much. That is, once I have raised the possibility that something terrible can happen to your child, even though the possibility is remote, you may find it very difficult to think of anything else. Emotion becomes dominant.
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The easiest way to increase happiness is to control your use of time.
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We can't live in a state of perpetual doubt, so we make up the best story possible and we live as if the story were true.
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