We don’t only tell stories when we set out to tell stories, our memory tells us stories. That is, what we get to keep from our experiences is a story. Daniel Kahneman Read Quote
Economists think about what people ought to do. Psychologists watch what they actually do. Daniel Kahneman Read Quote
It’s very difficult to distinguish between what a person believes and what they say they believe. Daniel Kahneman Read Quote
People’s mood is really determined primarily by their genetic make-up and personality, and in the second place by their immediate context, and only in the third and fourth place by worries and concerns and other things like that. Daniel Kahneman Read Quote
The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better. Daniel Kahneman Read Quote
We think, each of us, that we’re much more rational than we are. And we think that we make our decisions because we have good reasons to make them. Even when it’s the other way around. We believe in the reasons, because we’ve already made the decision. Daniel Kahneman Read Quote
For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering. Daniel Kahneman Read Quote
If people are failing, they look inept. If people are succeeding, they look strong and good and competent. That’s the ‘halo effect.’ Your first impression of a thing sets up your subsequent beliefs. If the company looks inept to you, you may assume everything else they do is inept. Daniel Kahneman Read Quote
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 Read Quote
