The Moment or the Memory?

phone at concert

“Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.” ― Daniel Kahneman, Thinking, Fast and Slow

What's more significant: the moment itself, or the memory you have of it?

Nobel Prize winner and psychologist, Daniel Kahneman, who has been widely recognized for his work in developing Prospect theory, presents an interesting perspective on the relationship between the experiencing self and the remembering self. As you can probably deduce, the experiencing self describes the version of you who is present during life's moments as they happen, while the remembering self is the version of you who reflects upon these moments, which would then exist as memories.

Consider Daniel Kahneman's example of a one-week vacation vs. a two-week vacation. To the experiencing self, assuming that the second week was just as good as the first, a two-week vacation would seem to be twice as good as a one-week vacation, right?

However, when asking the remembering self to compare these two scenarios and determine which is better, the factor of "time spent" seems to play much less of a role. According to Daniel Kahneman, the factors that are actually in play here, as with any memory, are the changes, the significant events and the ending. These are the elements that make up our memories, and determine how we feel when we reflect upon them. So in this sense, in terms of its contribution to overall happiness, the one-week vacation suddenly seems just as good as the two-week vacation, and perhaps more practical.

"Inspired by true events" is a preface you'll often see at the beginning of a movie or book. But this preface is just as appropriate for each and every memory we've stored. When we recall one of these memories, we are not reliving the experience as it happened, but rather assessing the critical moments within the experience, and building a compelling story around the overall sentiment that these moments produced. The remembering self is the storyteller, while the experiencing self is just one of the characters within the story.

So, what's more significant: the moment itself, or the memory you have of it?