The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
Daniel KahnemanPeople's mood is really determined primarily by their genetic make-up and personality, and in the second place by their immediate context, and only in the third and fourth place by worries and concerns and other things like that.
Daniel KahnemanTo better avoid errors, you should talk to people who disagree with you and you should talk to people who are not in the same emotional situation you are.
Daniel Kahneman