The 'Instagram Generation' now experiences the present as an anticipated memory

It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all.

That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.

Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day.

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

It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.

To know whether you can trust a particular intuitive judgment, there are two questions you should ask: Is the environment in which the judgment is made sufficiently regular to enable predictions from the available evidence? The answer is yes for diagnosticians, no for stock pickers. Do the professionals have an adequate opportunity to learn the cues and the regularities? The answer here depends on the professionals' experience and on the quality and speed with which they discover their mistakes.