People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations.

Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.

The 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.

Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.

Adaptation seems to be, to a substantial extent, a process of reallocating your attention.

I would be wary of experts' intuition, except when they deal with something that they have dealt with a lot in the past.

It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health; they also want to know whether researchers can validate subjective responses with physiological indices.