Daniel Kahneman Quotes
Groups tend to be more extreme than individuals.
Citations
Kahneman, Daniel. Thinking, Fast and Slow. Farrar, Straus and Giroux, 2011.
Related Quotes
He was too ill to read the speech himself and it was read by James Wilson for him. Franklin, ever the practical man, thought perfection to be an unreachable and impossible standard.
Daniel Kahneman is an Israeli psychologist and economist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith). His empirical findings challenge the assumption of human rationality prevailing in modern economic theory.