Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that. Daniel Kahneman decisionfalliblehighly Change image and share on social
People who know math understand what other mortals understand, but other mortals do not understand them. This asymmetry gives them a presumption of superior ability. Daniel Kahneman abilityasymmetrymath Change image and share on social
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. Daniel Kahneman beautifuldeviceexpert Change image and share on social
All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal. Daniel Kahneman bigdealexperience Change image and share on social
Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie. Daniel Kahneman allocationbargaindifficult Change image and share on social
Economists think about what people ought to do. Psychologists watch what they actually do. Daniel Kahneman economistpeoplepsychologist Change image and share on social
Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales. Daniel Kahneman employerexpectfairness Change image and share on social
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 assumebeliefcompany share on social
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 experiencememoryset Change image and share on social
I'm not a great believer in self-help. Daniel Kahneman believergreat Change image and share on social
