Our memory tells us stories, that is, what we get to keep from our experiences is a story.
Daniel KahnemanAdaptation seems to be, to a substantial extent, a process of reallocating your attention.
Daniel KahnemanThe planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.
Daniel KahnemanWe don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it.
Daniel Kahneman