Daniel Kahneman Quotes
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We have a very narrow view of what is going on.
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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.
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We're beautiful devices. The devices work well; we're all experts in what we do. But when the mechanism fails, those failures can tell you a lot about how the mind works.
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You know, the standard state for people is 'mildly pleasant.' Negative emotions are quite rare, and extremely positive emotions are rare. But people are mildly pleased most of the time, they're mildly tired a lot of the time, and they wish they were somewhere else a substantial part of the time - but mostly they're mildly pleased.
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Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.
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Although humans are not irrational, they often need help to make more accurate judgements and better decisions. ... They also need protection from others who deliberately exploit their weaknesses ....
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Adaptation seems to be, to a substantial extent, a process of reallocating your attention.
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Hindsight bias makes surprises vanish.