Daniel Kahneman quotes

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Daniel Kahneman

Birthdate: 5. March 1934
Other names: Даніэль Канеман, دنیل کانمن

Daniel Kahneman is an Israeli-American psychologist and economist 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 . His empirical findings challenge the assumption of human rationality prevailing in modern economic theory.

With Amos Tversky and others, Kahneman established a cognitive basis for common human errors that arise from heuristics and biases , and developed prospect theory .

In 2011, he was named by Foreign Policy magazine in its list of top global thinkers. In the same year, his book Thinking, Fast and Slow, which summarizes much of his research, was published and became a best seller.He is professor emeritus of psychology and public affairs at Princeton University's Woodrow Wilson School. Kahneman is a founding partner of TGG Group, a business and philanthropy consulting company. He was married to cognitive psychologist and Royal Society Fellow Anne Treisman, who died on February 9, 2018.In 2015, The Economist listed him as the seventh most influential economist in the world. Wikipedia

Works

„Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.“

—  Daniel Kahneman, book Thinking, Fast and Slow

Source: Thinking, Fast and Slow (2011), Chapter 19, "The illusion of understanding", page 201 (ISBN 9780141033570).

„Nothing in life is as important as you think it is when you are thinking about it.“

—  Daniel Kahneman, book Thinking, Fast and Slow

Variant: Nothing in life is as important as you think it is when you are thinking about it.
Source: Thinking, Fast and Slow (2011), Chapter 38, "Thinking about life", page 402 (ISBN 9780141033570).

„People who make a difference do not die alone. Something dies in everyone who was affected by them.“

—  Daniel Kahneman

About the death of his long-time collaborator Amos Tversky on 5 June 1996. Nobel Prize Autobiographical Information http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2002/kahneman-bio.html (2002).
Context: People who make a difference do not die alone. Something dies in everyone who was affected by them. Amos made a great deal of difference, and when he died, life was dimmed and diminished for many of us. There is less intelligence in the world. There is less wit. There are many questions that will never be answered with the same inimitable combination of depth and clarity. There are standards that will not be defended with the same mix of principle and good sense. Life has become poorer. There is a large Amos-shaped gap in the mosaic, and it will not be filled. It cannot be filled because Amos shaped his own place in the world, he shaped his life, and even his dying. And in shaping his life and his world, he changed the world and the life of many around him.

„Money does not buy you happiness, but lack of money certainly buys you misery.“

—  Daniel Kahneman

Source: Well-Being: Foundations of Hedonic Psychology: Foundations of Hedonic Psychology

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„I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.“

—  Daniel Kahneman, book Thinking, Fast and Slow

"Bias, Blindness and How We Truly Think" (2011)
Source: Thinking, Fast and Slow
Context: An experiment about your next vacation will allow you to observe your attitude to your experiencing self: At the end of the vacation, all pictures and videos will be destroyed. Furthermore, you will swallow a potion that will wipe out all your memories of the vacation. How would this affect your vacation plans? How much would you be willing to pay for it, relative to a normally memorable vacation? My impression is that the elimination of memories greatly reduces the value of the experience.Imagine a painful operation during which you will scream in pain and beg the surgeon to stop. However, you are promised an amnesia-inducing drug that will wipe out any memory of the episode. Here again, my observation is that most people are remarkably indifferent to the pains of their experiencing self. Some say they don’t care at all. Others share my feeling, which is that I feel pity for my suffering self but not more than I would feel for a stranger in pain.I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.

„Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Etiam egestas wisi a erat. Morbi imperdiet, mauris ac auctor dictum.“

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