Description
Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology challenging the rational model of judgment and decision making, is one of the world's most important thinkers. His ideas have had a profound impact on many fields-including business, medicine, and politics-but until now, he has never brought together his many years of research in one book.
Details
Custom Fields 1: |
Yes |
Wine vintage: |
1988 |
Product Reviews
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3.0 out of 5 stars Essential wisdom. Not an easy read but worth persevering.
Why do people buy extended warranties that are bad value for money? Why do we marry people just because they're good in bed? Why do investors snatch small profits from winning investments whilst allowing large losses to build up in bad investments?
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Required reading for educated people, but falls short as a model of mind
This is an invaluable book that every person who considers him/herself educated should read - even study. Indeed, it is a scandal that mastering the material in this book isn't considered an essential component of a high school education. The author was awarded the Nobel in Economics for his work on what he calls decision theory, or the study of the actual workings of the typical human mind in the evaluation of choices, and the book itself presents the findings of many decades of psychological studies that expose the endemic fallacious thinking that we are all prone to, more or less.
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Annotations on Kahneman's table of contents - a survey of logic and illogic
When you come late to the party, writing the 160th review, you have a certain freedom to write something as much for your own use as for other readers, confident that the review will be at the bottom of the pile. Kahneman's thesis is that the human animal is systematically illogical. Not only do we mis-assess situations, but we do so following fairly predictable patterns. Moreover, those patterns are grounded in our primate ancestry.
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Interesting
Make me change my way of thinking