The guru to the gurus at last shares his knowledge with the rest of us. Nobel laureate Daniel Kahneman's seminal studies in behavioral psychology, behavioral economics, and happiness studies have influenced numerous other authors, including Steven Pinker and Malcolm Gladwell. In Thinking, Fast and Slow, Kahneman at last offers his own, first book for the general public. It is a lucid and enlightening summary of his life's work. It will change the way you think about thinking.
Two systems drive the way we think and make choices, Kahneman explains: System One is fast, intuitive, and emotional; System Two is slower, more deliberative, and more logical. Examining how both systems function within the mind, Kahneman exposes the extraordinary capabilities as well as the biases of fast thinking and the pervasive influence of intuitive impressions on our thoughts and our choices. Engaging the reader in a lively conversation about how we think, he shows where we can trust our intuitions and how we can tap into the benefits of slow thinking, contrasting the two-system view of the mind with the standard model of the rational economic agent.
Kahneman's singularly influential work has transformed cognitive psychology and launched the new fields of behavioral economics and happiness studies. In this path-breaking book, Kahneman shows how the mind works, and offers practical and enlightening insights into how choices are made in both our business and personal lives - and how we can guard against the mental glitches that often get us into trouble.
©2011 Daniel Kahneman (P)2011 Random House Audio
“A tour de force. . . Kahneman’s book is a must read for anyone interested in either human behavior or investing. He clearly shows that while we like to think of ourselves as rational in our decision making, the truth is we are subject to many biases. At least being aware of them will give you a better chance of avoiding them, or at least making fewer of them.” (Larry Swedroe, CBS News)
“A major intellectual event . . . The work of Kahneman and Tversky was a crucial pivot point in the way we see ourselves.” (David Brooks, The New York Times)
“[Thinking, Fast and Slow] is wonderful, of course. To anyone with the slightest interest in the workings of his own mind, it is so rich and fascinating that any summary would seem absurd.” (Michael Lewis, Vanity Fair)
The idea are linked to economic but the applications are real life. what we think and how we act are often in direct contrast and this book helped understand why. Much more here than can be process in the short run but powerful and well presented.
lots of examples of how we are sometimes overconfident in our decisions, forecasting, and predictions. also talks about how to combat out bias.
Very detailed and comprehensive explanation of strange human behavior. Too bad its impossible to learn it all somehow fast... This book will have a great impact on how I judge myself and others
1. A great deal of the research is based on what if questions posed to study subjects. I question the validity of these responses.
2. Too too dry for an audio book.
3. The PDF was essential which made the experience difficult since most times I'm listening to an audio book I'm exercising or driving.
Not sure there is anything
The performance is that of any dense informational text. So be prepared for that. All potential "drabness" aside. This should basically be required reading in the education system somewhere. It is incredibly impactful to understanding yourself and others.
Daniel Kahneman is a Nobel prize winner in Economics, even while being a psychologist. He has changed the field all-together, and he deserves all the credit he gets. Overall, he makes a lot of fascinating points, which readers won't all agree with, but even those make the reader think. Despite that, some people will find his writing style and demeanor to be somewhat pretentious, and automatically dismissing that others can be right, something which he admits later in the book. Those with weaker attention spans may want to use faster speeds, as each word sounds deliberate and slow; and Daniel Kahneman has a habit of repeating the same point several times. The reader will definitely leave with a lot of things to think about. Highly recommended.
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