Tag: behavioral economics
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Daniel Kahneman: The riddle of experience vs. memory
Using examples from vacations to colonoscopies, Nobel laureate and founder of behavioral economics Daniel Kahneman reveals how our “experiencing selves” and our “remembering selves” perceive happiness differently. This new insight has profound implications for economics, public policy — and our own self-awareness. Remarkable insight: “Below an income of 600,000 dollars a year people are unhappy, […]