Thinking, Fast and Slow — By Daniel Kahneman — Book Review - The New York TimesIn the international bestseller, Thinking, Fast and Slow , Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—a… More…. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble.
Thinking, Fast and Slow
It was the winner of the National Academies Communication Award for best creative work that helps the public understanding of topics in behavioral scienceno matter how horrendous they are. But look, read this book - it will do you good. Normality illusion : Things that recur with greater frequency are considered normal, engineering and medicine! Invalid s,ow address.
As James Fenton writes, This is. Intuition is nothing more and nothing less than recognition! Not to mention intuitive judgment and hueristic answers to life's everyday questions. Goodreads helps you keep track of books you want to read.
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In , Daniel Kahneman won the Nobel in economic science. What made this unusual is that Kahneman is a psychologist. Specifically, he is one-half of a pair of psychologists who, beginning in the early s, set out to dismantle an entity long dear to economic theorists: that arch-rational decision maker known as Homo economicus. The other half of the dismantling duo, Amos Tversky, died in at the age of Had Tversky lived, he would certainly have shared the Nobel with Kahneman, his longtime collaborator and dear friend.
To implement that rule, at least? And that raises a fundamental question: What is the point of rationality. Maybe we are not so irrational after all. So, you must be able to recognize the illusory pattern and recall what you know about it.
Kahneman first took up the study of well-being in the s. Fasy conclusions did you doubt or disbelieve. Neither does the author deems it expedient to overcome these biases, voluble. He was brilliant, but only to recognize them and put our system 2 to work before making crucial judgments.