What did bernoulli argue about how to chose the right thing

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Question 1: Why We Make Bad Decisions

What did Bernoulli argue about how to chose the right thing?
What are the errors that people make in deciding what to do? Why do people make these errors?
Why is comparing the value of something to its past value a mistake?
What two rules do people often use when making decisions? Do you think you also use these rules in making decisions?
Why does Gilbert think that we are so bad at making decisions?
Why do we have terror at events, like a plague that will kill 1,500 people, which are relatively small in the larger scheme of things?

Question 2: The Riddle of Experience vs. Memory

Why is the word happiness not useful anymore, according to Kahneman? Do you agree with him? Why or why not?
What example does Kahneman give for the problem of experience vs. memory? What does this illustrate or tell us, according to Kahneman?
What defines a story? What happens to most of the moments that make up a story?
How does is the study of happiness "messed up" by the two selves?
How would you rate your happiness? How does this differ depending on your experience vs. memory selves? Why?

Reference no: EM133382989

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