Part 5 of Thinking, Fast and Slow departs from cognitive biases and mistakes and covers the nature of happiness.
(Shortform note: compared to the previous sections, the concepts in this final portion are more of Kahneman’s recent research interests and are more a work in progress. Therefore, they tend to have less experimental evidence and less finality in their conclusions.)
Happiness is a tricky concept. There is in-the-moment happiness, and there is overall well being. There is happiness we experience, and happiness we remember.
Consider having to get a number of painful shots a day. There is no habituation, so each shot is as painful as the last. Which one represents a more meaningful change?
You likely thought the latter was far more meaningful, especially since it drives more closely toward zero pain. But Kahneman found this incomprehensible. Two shots is two shots! There is a quantum of pain that is being removed, and the two choices should be evaluated as much closer.
In Kahneman’s view, someone who pays different amounts for the same gain of experienced utility is making a mistake. This thought experiment kicked off Kahneman’s investigation into happiness.
Kahneman presents two selves:
The remembering self factors heavily in our thinking. After a moment has passed, only the remembering self exists when thinking about our past lives. The remembering self is often the one making future decisions.
But the remembering self evaluates differently from the experiencing self in two critical ways:
Both effects operate in classic System 1 style: by averages and norms, not by sums.
This leads to preferences that the experiencing self would find odd, and show that we cannot trust our preferences to reflect our interests.
In the ice water experiment, participants were asked to stick their hand in cold water, then to evaluate their experience. Participants stuck their hand in cold water in two episodes: 1) a short episode: 60 seconds in 14°C water, and 2) a long episode: 60 seconds in 14°C, plus an additional 30 seconds, during which the temperature increased to 15°C. They were then asked which they would repeat for a third trial.
The experiencing self would clearly consider the long episode worse—you’re suffering for more time. But the longer episode had a more pleasant end.
Counter-intuitively, 80% of participants preferred the long episode, thus, in Kahneman’s view, suffering “30 seconds of needless pain.” They picked the option they liked more.
Oddly, people would prescribe the shorter episode for others, since they care about the experiencing self of others. But when thinking about themselves, they care more about the remembering self.
More examples of oddities with the remembering self:
These examples challenge the idea that humans have consistent preferences and know how to maximize them (the rational agent model). We will consciously articulate that we prefer pain to be brief and pleasure to last, but our remembering self has different ideas.
(Shortform note: how might duration neglect and peak intensity be evolutionarily advantageous?
Maybe it makes us more resilient to painful episodes. If we strictly assessed utility by integrating the area under the curve, a very traumatic experience could leave us in “happiness debt” that would take considerable time to overcome.)
There are yet exceptions to the principles we’ve covered. If duration neglect is so strong, why does a painful labor that lasts 24 hours seem worse than one lasting 6 hours? Why does a 6 day vacation seem better than 3?
Kahneman argues that the mechanism of the longer duration is in changing the end state—a mother is more helpless after 24 hours than after 6; the vacationer is more relaxed after 6 days.
(Shortform note: another possible exception—if the remembering self makes the decisions tyrannically, why are good behaviors like flossing, losing weight, and saving money so difficult? The experiencing self endures short-term pain, but the remembering self should discount the pain and remember the benefits. Even better, the experiencing self in the future enjoys the fruits of labor of the past experiencing self!
It could be that the remembering self doesn’t actually experience the pleasure of long-term gains. Better health in your 30’s rewards you when you’re 70, which you’ve never experienced. Meanwhile, the memory of a delicious hamburger looms larger. The same goes with saving for retirement—if you’re younger, you have no memory of being financially secure in retirement, but you do remember how that last impulse purchase made you happy.)