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Quotes About Judgment

Valid intuitions develop when experts have learned to recognize familiar elements in a new situation and to act in a manner that is appropriate to it.
~ Daniel Kahneman
Matters of judgment differ from matters of opinion or taste, in which unresolved differences are entirely acceptable. The insurance executives who were shocked by the result of the noise audit would have no problem if claims adjusters were sharply divided over the relative merits of the Beatles and the Rolling Stones, or of salmon and tuna.
~ Daniel Kahneman
an objective observer is more likely to detect our errors than we are
~ Daniel Kahneman
WYSIATI, which stands for what you see is all there is. System 1 is radically insensitive to both the quality and the quantity of the information that gives rise to impressions and intuitions.
~ Daniel Kahneman
Good stories provide a simple and coherent account of people's actions and intentions. You are always ready to interpret behavior as a manifestation of general propensities and personality traits—causes that you can readily match to effects. The halo effect discussed earlier contributes to coherence, because it inclines us to match our view of all the qualities of a person to our judgment of one attribute that is particularly significant.
~ Daniel Kahneman
If an event had actually occurred, people exaggerated the probability that they had assigned to it earlier.
~ Daniel Kahneman
In the absence of a competing intuition, logic prevails.
~ Daniel Kahneman
Further experiments showed that people were driven to overstate the accuracy not only of their original predictions but also of those made by others.
~ Daniel Kahneman
Many of us spontaneously anticipate how friends and colleagues will evaluate our choices; the quality and content of these anticipated judgments therefore matters. The expectation of intelligent gossip is a powerful motive for serious self-criticism
~ Daniel Kahneman
When asked how much they will pay to get overnight delivery of a book they have ordered, the low scorers on the Cognitive Reflection Test are willing to pay twice as much as the high scorers.
~ Daniel Kahneman
The aphorisms were judged more insightful when they rhymed than when they did not. Finally, if you quote a source, choose one with a name that is easy to pronounce.
~ Daniel Kahneman
System 1 is much better at dealing with individuals than categories.
~ Daniel Kahneman
Hindsight bias has pernicious effects on the evaluations of decision makers. It leads observers to assess the quality of a decision not by whether the process was sound but by whether its outcome was good or bad.
~ Daniel Kahneman
continuous vigilance is not necessarily good, and it is certainly impractical. Constantly questioning our own thinking would be impossibly tedious, and System 2 is much too slow and inefficient to serve as a substitute for System 1 in making routine decisions. The best we can do is a compromise: learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes when the stakes are high.
~ Daniel Kahneman
Personnel decisions are noisy. Interviewers of job candidates make widely different assessments of the same people. Performance ratings of the same employees are also highly variable and depend more on the person doing
~ Daniel Kahneman
The invisibility of noise is a direct consequence of causal thinking.
~ Daniel Kahneman
There is one thing you can do when you have doubts about the quality of the evidence: let your judgments of probability stay close to the base rate. Don't expect this exercise of discipline to be easy—it requires a significant effort of self-monitoring and self-control.
~ Daniel Kahneman
Expert intuition strikes us as magical, but it is not. Indeed, each of us performs feats of intuitive expertise many times each day.
~ Daniel Kahneman
anchoring effect. It occurs when people consider a particular value for an unknown quantity before estimating that quantity
~ Daniel Kahneman
The attentive System 2 is who we think we are. System 2 articulates judgments and makes choices, but it often endorses or rationalizes ideas and feelings that were generated by System 1. You may not know that you are optimistic about a project because something about its leader reminds you of your beloved sister, or that you dislike a person who looks vaguely like your dentist.
~ Daniel Kahneman
People believe they capture complexity and add subtlety when they make judgments. But the complexity and the subtlety are mostly wasted—usually they do not add to the accuracy of simple models.
~ Daniel Kahneman
Jumping to conclusions is efficient if the conclusions are likely to be correct and the costs of an occasional mistake acceptable, and if the jump saves much time and effort. Jumping to conclusions is risky when the situation is unfamiliar, the stakes are high, and there is no time to collect more information. These are the circumstances in which intuitive errors are probable, which may be prevented by a deliberate intervention of System 2.
~ Daniel Kahneman
The explanation is a simple availability bias: both spouses remember their own individual efforts and contributions much more clearly than those of the other, and the difference in availability leads to a difference in judged frequency. The
~ Daniel Kahneman
But System 2 is not merely an apologist for System 1; it also prevents many foolish thoughts and inappropriate impulses from overt expression.
~ Daniel Kahneman