We have a very narrow view of what is going on. Daniel Kahneman narrowview Change image and share on social
We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to cats and to Harvard professors, and that's the way the mind works. It's an association machine. Daniel Kahneman associationcatdog share on social
Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long; that means that, you know, in a life there are about 600 million of them; in a month, there are about 600,000 - most of them don't leave a trace. Daniel Kahneman 000calculateleave 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
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
I think one of the major results of the psychology of decision making is that people's attitudes and feelings about losses and gains are really not symmetric. So we really feel more pain when we lose $10,000 than we feel pleasure when we get $10,000. Daniel Kahneman 000attitudedecision share on social
Slow thinking has the feeling of something you do. It's deliberate. Daniel Kahneman deliberatefeltslow Change image and 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
One emphasis of my research has been on the question of how people spend their time. Time is the ultimate finite resource, or course, so the question of how people spend it would seem to be important. Daniel Kahneman emphasisfiniteimportant Change image and share on social
