Thinking, Fast and Slow
By Daniel Kahneman
FARRAR, STRAUS AND GIROUX
Our brains have two systems for decision making: One is fast and automatic, driven by emotion; the other is a slow and deliberate, if sometimes impractical, check on the first. This engaging book, a culmination of years of work in behavioral psychology that earned Daniel Kahneman the 2002 Nobel Memorial Prize in economics, examines the interplay between these systems to explain why, for instance, we vote for attractive politicians and tend to be overconfident in our ability to predict the stock market.
How useful is self-knowledge in decision making? Not very, according to Daniel Kahneman, author of Thinking, Fast and Slow. The Book Bench takes a look at Kahneman’s ideas—the most significant being that we suffer from loss aversion... Read Post
Those who have read Daniel Kahneman's book Thinking, Fast And Slow will not find these results surprising: Thinking in a foreign language causes people to make better decisions. The need to think more deliberately (with the brain's ... Read Post