Thinking and Language: Intuition and Decision Making
People make intuitive, immediate judgments sometimes based on nothing more than a tone of voice on the other end of a conversation. People also make more reflective decisions based on thought and reasoning. Daniel Kahneman notes that intuition is li...
Decisions and Uncertainty
Nobel Prize winning professor of psychology Daniel Kahneman talks about the way people make decisions in the face of uncertainty. Dr. Kahneman explains that gambles have traditionally been described in terms of how much money will be won or lost, de...
Heuristic Model: Anchoring, The
Nobel Prize winning professor of psychology Daniel Kahneman talks about anchoring. "If we plant an idea in your head or a number in your head," Dr. Kahneman explains, "it has a very big effect on subsequent judgments...that's a demonstration of anch...
Heuristic Model: Representativeness, The
Nobel Prize winning professor of psychology Daniel Kahneman talks about representativeness. This is a process by which people extrapolate and reach certain conclusions based on something that they've seen and determined to be true. Dr. Kahneman give...
Heuristic Model: Availability, The
Nobel Prize winning professor of psychology Daniel Kahneman says we judge real frequency by the ease with which examples come to mind. "If you're driving," Dr. Kahneman says, "and you've seen a car overturned by the side of the road...that will come...
Entitlement and Fairness
Nobel Prize winning professor of psychology Daniel Kahneman talks about how people react when something they've had and feel entitled to is taken away from them.
Adversarial Collaboration
Nobel Prize winning psychology professor Daniel Kahneman recommends that researchers who disagree should collaborate and design an experiment together, rather than simply critique one another's work.
Well-Being
Nobel Prize winning professor of psychology Daniel Kahneman talks about research that attempts to determine how happy people are with their lives. "What I like better," Dr. Kahneman explains, "is an approach in which we try to see what is life actua...
Psychology of Prediction, The
Nobel Prize winning professor of psychology Daniel Kahneman talks about his experience working for the Israeli armed forces, trying to identify military personnel who had the leadership skills necessary to become officers. Dr. Kahneman explains that...
Market Experiments
Nobel Prize winning professor of psychology Daniel Kahneman talks about one of his market experiments, which he explains comes from prospect theory. As an example, Dr. Kahneman describes an experiment in which participants can choose between getting...