Tags » Daniel Kahneman

We submitted our essay to Econometrica, a journal that publishes significant theoretical articles in economics and in decision theory. The choice of venue turned out to be important; if we had published the identical paper in a psychological journal, it would likely have had little impact on economics.

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Quotes

Gray matter

The Difference Between Rationality and Intelligence

Are you intelligent — or rational? The question may sound redundant, but in recent years researchers have demonstrated just how distinct those two cognitive attributes actually are. 55 more words

Behavioral Economics

Disciplined enquiry, or how to get better at getting better

How do you know what to do to improve your teaching? And if you can identify what you need to do get better, how do you know whether what you are doing to try and improve is actually making a difference where it really matters: in developing your students’ learning? 2,176 more words

Teaching And Learning

Questions of 'Conversations on ethics': Daniel Kahneman, Emotions, and the law 

This is part six of an eight part series of responses I wrote when reading ‘Conversations on Ethics’ a compilation of ethics based conversations collected by Alex Voorhoeve – A must read for anyone with an interest in ethics – from beginner to expert (which can be found on Amazon here: …

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Text Post

The psychology of queuing

How to Pick the Fastest Line at the Supermarket

You dash into the supermarket for a few necessities. You figure it will be 10 minutes — tops — before you are done and on your way home. 73 more words

Behavioral Economics

Thinking, Fast and Slow by Daniel Kahneman

During the 1970s most social scientists followed in the path of Ancient Greek Philosophers in their belief that man is a rational being who occasionally slips from time to time due to emotions. 1,632 more words

On Prospect Theory

And … the reality of decision making!

By David Shahrestani

In the early 1980s, Daniel Kahneman and Amos Tverskey proved in numerous experiments that the reality of decision making differed greatly from the assumptions held by economists. 172 more words

Financial Planning