... ' pessimism and fear of the future. Easterbrook sets forth numerous theories as to why Americans have it so good, yet feel so bad. His first theory is called the revolution of satisfied expectations. This theory is based on research done by Daniel Kahneman of Princeton University which concludes that "most people judge their well-being not by where they stand but rather on whether they think their circumstances and income will improve in coming years." If we are already prosperous, then we have trouble ...
... we saved in our hearts and never expressed while that person was alive. We want to remember these thoughts…last. Why do we do this? There’s a name for this phenomenon. It’s called “peak end bias.” Nobel prize winning psychologist Daniel Kahneman notes that in the realm of human judgment and decision making, we value what we experience last the most. Peak moments, moments of great intensity, stay with us long after other memories have faded.[1] Ever wonder why you remember tragedies and traumas ...
