Thinking, Fast and Slow

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Pt. 1: Two systems. The characters of the story ; Attention and effort ; The lazy controller ; The associative machine ; Cognitive ease ; Norms, surprises, and causes ; A machine for jumping to conclusions ; How judgments happen ; Answering an easier question -- Pt. 2: Heuristics and biases. The law of small numbers ; Anchors ; The science of availability ; Availability, emotion, and risk ; Tom W's specialty ; Linda; less is more ; Causes trump statistics ; Regression to the mean ; Taming intuitive predictions -- Pt. 3: Overconfidence The illusion of understanding ; The illusion of validity ; Intuitions vs. formulas ; Expert intuition : when can we trust it? ; The outside view ; The engine of capitalism -- Pt. 4: Choices. Bernoulli's errors ; Prospect theory ; The endowment effect ; Bad events ; The fourfold pattern ; Rare events ; Risk policies ; Keeping score ; Reversals ; Frames and reality -- Pt. 5: Two selves. Two selves ; Life as a story ; Experienced well-being ; Thinking about life.
Daniel Kahneman, Nobel laureate in Economics for his seminal work in psychology that challenged the rational model of judgment and decision making, is one of our most important thinkers. His ideas have had a profound impact on many fields, but he has never brought them together in one book. Here, he 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. Kahneman exposes the capabilities--and also the faults and biases--of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behavior. Then he 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--and how we can use different techniques to guard against the mental glitches that often get us into trouble.--From publisher description.

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COMMUNITY REVIEWS

A real page turner submitted by Duette on August 27, 2016, 11:44pm I look psych books and this is one of the ultimate books with a great reflection on how our brains work. A great read!

Good part is in the last section submitted by henryhlin on July 24, 2021, 6:47pm section 4 has the good stuff!

Excellent book! submitted by snabbleon on September 12, 2021, 11:46am Easy to read. Each short chapter is packed with fascinating information and something to think about before starting the next chapter.

all the important stuff submitted by ilanamerm on June 9, 2023, 1:46pm This book was a great introduction to all the key phenomena in psychology and decision-making!

Favorite psychology book submitted by akrrr08 on July 21, 2023, 3:31pm A great book that discusses our unconscious biases and explains the two types of thinking that humans navigate every day.