Daniel Kahneman Quotes

Enjoy the top 366 famous quotes, sayings and quotations by Daniel Kahneman.

Daniel Kahneman Quotes

A compelling narrative fosters an illusion of inevitability.
— Daniel Kahneman —

In the presence of randomness, regular patterns can only be mirages.

— Daniel Kahneman

I propose a simple account of how we generate intuitive opinions on complex matters. If a satisfactory answer to a hard question is not found quickly, System 1 will find a related question that is easier and will answer it. I call the operation of answering one question in place of another substitution. I also adopt the following terms:

— Daniel Kahneman

What people acquire with a ticket is more than a chance to win; it is the right to dream pleasantly of winning.

— Daniel Kahneman

Happiness does not have a simple meaning and should not be used as if it does.

— Daniel Kahneman

Whenever we can replace human judgment by a formula, we should at least consider it.

— 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

Economists think about what people ought to do. Psychologists watch what they actually do.

— Daniel Kahneman

Mental effort, I would argue, is relatively rare. Most of the time we coast.

— Daniel Kahneman

Courage is willingness to take the risk once you know the odds. Optimistic overconfidence means you are taking the risk because you don't know the odds. It's a big difference.

— Daniel Kahneman

Slow thinking has the feeling of something you do. It's deliberate.

— Daniel Kahneman

A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed. Once you adopt a new view of the world (or any part of it), you immediately lose much of your ability to recall what you used to believe before your mind changed.

— Daniel Kahneman

The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.

— Daniel Kahneman

When action is needed, optimism, even of the mildly delusional variety, may be a good thing.

— Daniel Kahneman

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