Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Daniel Kahneman Quotes: People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
         

People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.


Daniel Kahneman
Check all other quotes by Daniel Kahneman

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Daniel Kahneman Quotes." Quoteslyfe.com, 2024. Wed. 01 May. 2024. <https://www.quoteslyfe.com/quote/People-exaggerate-their-confidence-in-their-plans-493719>.





Check out


Other quotes of Daniel Kahneman


The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.

The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.



We can be blind to the obvious, and we are also blind to our blindness.

We can be blind to the obvious, and we are also blind to our blindness.



Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.

Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.



Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.

Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.



This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.

This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.



The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.

The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.



Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.

Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.



By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.

By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.



The illusion that we understand the past fosters overconfidence in our ability to predict the future.

The illusion that we understand the past fosters overconfidence in our ability to predict the future.



We're generally overconfident in our opinions and our impressions and judgments.

We're generally overconfident in our opinions and our impressions and judgments.





Other quotes you may like


You never know what you're gonna find when you look under those covers - grandma or the wolf.

You never know what you're gonna find when you look under those covers - grandma or the wolf.



Our greatest need is God’s grace.

Our greatest need is God’s grace.



You can see a rose both in two ways. First, through its beautiful petals. The other, through its thorns

You can see a rose both in two ways. First, through its beautiful petals. The other, through its thorns



Kate! Get some ice on that ankle or it's going to swell to the size of Luke's head. Then neither of you will be able to get through the front door.

Kate! Get some ice on that ankle or it's going to swell to the size of Luke's head. Then neither of you will be able to get through the front door.



All the things I really like to do are either immoral illegal or fattening.

All the things I really like to do are either immoral illegal or fattening.



Help a man against his will and you do the same as murder him.

Help a man against his will and you do the same as murder him.



You need to be aware of what others are doing, applaud their efforts, ackowledge their successes, and encourage them in their pursuits. When we all help one another, everybody wins.

You need to be aware of what others are doing, applaud their efforts, ackowledge their successes, and encourage them in their pursuits. When we all help one another, everybody wins.



I believe that two and two are four and that four and four are eight.

I believe that two and two are four and that four and four are eight.



When you're younger - duh - you don't really have the tools to deal with certain things in your life.

When you're younger - duh - you don't really have the tools to deal with certain things in your life.



He will provide the way and the means, such as you could never have imagined. Leave it all to Him, let go of yourself, lose yourself on the Cross, and you will find yourself entirely.

He will provide the way and the means, such as you could never have imagined. Leave it all to Him, let go of yourself, lose yourself on the Cross, and you will find yourself entirely.




Quote Description


This page presents the quote "People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.". Author of this quote is Daniel Kahneman. This quote is about existence, confidence, overconfidence, people, planning, fallacy, plans,.