Economists think about what people ought to do. Psychologists watch what they actually do.
Daniel KahnemanMy impression is that the elimination of memories greatly reduces the value of the experience.
Daniel KahnemanA 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