"Negotiations over a shrinking pie are especially difficult……" — Daniel Kahneman
"Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie."
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Daniel Kahneman
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158 Quotes by Daniel Kahneman
Daniel Kahneman has 158 quotes on this site.
A few more worth reading:
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Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like…
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We are prone to overestimate how much we understand about the world and to underestimate the role of chance in…
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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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The most effortful forms of slow thinking are those that require you to think fast.
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However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information…
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If you care about being thought credible and intelligent, do not use complex language where simpler language will do.
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We are often confident even when we are wrong, and an objective observer is more likely to detect our errors…
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When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
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A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that…
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It is only a slight exaggeration to say that happiness is the experience of spending time with people you love…
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People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments…
See all 158 quotes by Daniel Kahneman »
More Allocation Quotes
This quote is filed under Allocation Quotes,
one of 31 quotes in that category. Here are a few more:
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It's not about having a specific set time; both personal and professional lives are 24/7. It's simply, more about making…
— Ellen J. Kullman
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A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial…
— Unknown Author
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We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of…
— Ludwig von Mises
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Scientific culture created a framework within which individual mobility was possible without threatening hierarchical work-force allocation. On the contrary, meritocracy…
— Immanuel Wallerstein
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The Democratic Party opposes tax cuts but it cannot say so publicly. Thus, it is forced to support the idea…
— Dick Morris
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We didn't actually overspend our budget. The health Commission allocation simply fell short of our expenditure.
— Frank Howard Clark
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Now with the allocation and the understanding of the lack of understanding, we enter into a new era of science…
— Reggie Watts
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The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to…
— Ray Dalio
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The court has had to take a hard look at our resources and make difficult decisions balancing competing demands for…
— Unknown Author
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I assume, gladly, that in the allocation to America of remarkable leaders like Thomas Jefferson, George Washington, and Abraham Lincoln,…
— Neal A. Maxwell
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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase…
— Warren Buffett
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Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means…
— Jack Welch
See all 31 Allocation Quotes »