Daniel Kahneman Quotes

United States, Psychologist
March 5, 1934

Daniel Kahneman is an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith). His empirical findings challenge the assumption of human rationality prevailing in modern economic theory.

We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.

Daniel Kahneman
- Control
We have a very narrow view of what is going on.

Daniel Kahneman

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.

Daniel Kahneman
- People
- Time
- Wish
Adaptation seems to be, to a substantial extent, a process of reallocating your attention.

Daniel Kahneman
- Attention
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.

Daniel Kahneman
Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.

Daniel Kahneman
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 ....

Daniel Kahneman
- Help
Hindsight bias makes surprises vanish.

Daniel Kahneman