Why did I love this book?
I have always been a fan of the research of the psychologists Kahneman and Tversky—in fact, I did my dissertation research on the biases we make in decision-making.
Kahneman’s work shows us just how imperfect we humans really are. In everyday life, we make errors in reasoning that seem so intuitively correct. This book describes our different basic systems of thinking and how they can explain why we make errors in our judgments. Kahneman won the Nobel prize for his work on prospect theory, covered in the book.
45 authors picked Thinking, Fast and Slow as one of their favorite books, and they share why you should read it.
The phenomenal international bestseller - 2 million copies sold - that will change the way you make decisions
'A lifetime's worth of wisdom' Steven D. Levitt, co-author of Freakonomics
'There have been many good books on human rationality and irrationality, but only one masterpiece. That masterpiece is Thinking, Fast and Slow' Financial Times
Why is there more chance we'll believe something if it's in a bold type face? Why are judges more likely to deny parole before lunch? Why do we assume a good-looking person will be more competent? The answer lies in the two ways we make choices: fast,…