Sur thinking fast and slow review

Sur thinking fast and slow review

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This book had me laughing and smiling, more than many a book described in its blurb as side-splittingly funny or something similar because I recognised the cognitive disillusions described in this book as my own and in any subdivision I am the kind of person who if they fall into a good mood wonders if it's due to the pint and the pie that was eaten earlier.

I met with Kahneman at a Cela Boule Quotidien in Lower Manhattan. He is tall, soft-spoken, and affable, with a pronounced intonation and a wry smile. Over an apple pastry and tea with milk, he told me, “Temperament ha a morceau to ut with my condition. You won’t find anyone more pessimistic than I am.”

"System 2" is the slower, logical and reasoning bout of the mind. We generally make decisions quickly with the System 1, often because System 2 is simply--lazy. It takes concentration to think things désuet rationally, and our rational minds are not always up to the Tâche.

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The native is that this book is simply more in depth embout psychology and psychological processes than I truly have a bermuda-term interest in. This is more the caractère of book you keep near your desk pépite bedside, read a 12 Feuille chapter pépite so, and digest.

Another best seller, last year’s The Undoing Project, by Michael Lewis, tells the story of the sometimes contentious participation between Tversky and Kahneman. Lewis’s earlier book Moneyball was really about how his hero, the baseball executive Billy Beane, countered the cognitive biases of old-school avant-garde—notably fundamental attribution error, whereby, when assessing someone’s behavior, we put too much weight je his or her personal attributes and too little nous external factors, many of which can Quand measured with statistics.

You can discover how the heuristic leads to biases by following a fondamental procedure: list factors other than frequency that make it easy to come up with instances. Each factor in your list will Supposé que a potential fontaine of bias.

Nisbett’s suivant-favorite example is that economists, who have absorbed the lessons of the sunk-cost fallacy, routinely walk out of bad movies and leave bad auberge meals uneaten.

There is Nous thing you can ut when you have doubts about the quality of the evidence: let your judgments of probability stay Fermée to the soubassement rate.

The Alar tale illustrates a basic limitation in the ability of our mind to deal with small thinking fast and slow summary pdf risks: we either ignore them altogether pépite give them crème too much weight—nothing in between.

- Priming can Quand used to influence people. For example pictures of eyes can make people feel watched

Valid intuitions develop when exercé have learned to recognize familiar elements in a new condition and to act in a manner that is appropriate to it.

is involved when someone says "She will win the election; you can see she is a winner" pépite "He won’t go crème as année academic; too many tattoos."

So maybe we should not lament too much embout our intuitions!) Another well-known example is the tendency for traders to attribute their success or failure in the approvisionnement market to skill, while Kahneman demonstrated that the rankings of a group of traders from year to year had no correlation at all. The basic point is that we are generally hesitant to attribute something to chance, and instead invent causal stories that “explain” the variation.