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Daniel Kahneman

Daniel Kahneman

@daniel-kahneman · 8 positions · 0 changes of mind

Psychologist and Nobel laureate (1934 to 2024); shared the 2002 Nobel memorial prize in economic sciences for integrating psychological research into economics; with Amos Tversky, developed prospect theory and the study of heuristics and biases.

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  1. The confidence that people have in their beliefs is not a measure of the quality of evidence, it is not a judgment of the quality of the evidence but it is a judgment of the coherence of the story that the mind has managed to construct.

    ↗The Marvels and the Flaws of Intuitive Thinking: Edge Master Class 2011edge.org 1st of 2 in this piece

  2. But the subjective sense of confidence can be the same for intuition that arrives from expertise, and for intuitions that arise from heuristics, that arrives from substitution, and asking a different question.

    ↗The Marvels and the Flaws of Intuitive Thinking: Edge Master Class 2011edge.org 2nd of 2 in this piece

  3. As I understood clearly only when I taught statistics some years later, the idea that predictions should be less extreme than the information on which they are based is deeply counterintuitive.

    ↗Daniel Kahneman – Biographical, Part 2: Eulogy for Amos Tversky (June 5, 1996)nobelprize.org 1st of 6 in this piece

  4. The concept of loss aversion was, I believe, our most useful contribution to the study of decision making.

    ↗Daniel Kahneman – Biographical, Part 2: Eulogy for Amos Tversky (June 5, 1996)nobelprize.org 2nd of 6 in this piece

  5. Every discipline of social science, I believe, has some ritual tests of competence, which must be passed before a piece of work is considered worthy of attention. Such tests are necessary to prevent information overload, and they are also important aspects of the tribal life of the disciplines.

    ↗Daniel Kahneman – Biographical, Part 2: Eulogy for Amos Tversky (June 5, 1996)nobelprize.org 3rd of 6 in this piece

  6. It is a strange and rather arbitrary process that selects some pieces of scientific writing for relatively enduring fame while committing most of what is published to almost immediate oblivion.

    ↗Daniel Kahneman – Biographical, Part 2: Eulogy for Amos Tversky (June 5, 1996)nobelprize.org 4th of 6 in this piece

  7. Both as a participant and as a reader I have been appalled by the absurdly adversarial nature of these exchanges, in which hardly anyone ever admits an error or acknowledges learning anything from the other.

    ↗Daniel Kahneman – Biographical, Part 2: Eulogy for Amos Tversky (June 5, 1996)nobelprize.org 5th of 6 in this piece

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

    ↗Daniel Kahneman – Biographical, Part 2: Eulogy for Amos Tversky (June 5, 1996)nobelprize.org 6th of 6 in this piece

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