Thinking, Fast and Slow

Thinking, Fast and Slow

Book - 2011
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Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology that challenged the rational model of judgment and decision making, is one of our most important thinkers. His ideas have had a profound and widely regarded impact on many fields-including economics, medicine, and politics-but until now, he has never brought together his many years of research and thinking in one book. In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman exposes the extraordinary capabilities-and also the faults and biases-of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behavior. The impact of loss aversion and overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the challenges of properly framing risks at work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation-each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.
Publisher: New York : Farrar, Straus and Giroux, 2011
Edition: 1st ed
ISBN: 9780374275631
0374275637
Characteristics: 352 p ; cm

Opinion

From Library Staff

Seminal work: Kahneman, Nobel Prize winner in economics for his cognitive research which launched Behavioral Economics, summarizes his research in an accessible way and leads readers on the journey through their mind in all of its reasoning and quirks.


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m
mclarjh
Jun 20, 2018

Too long, and the explanations are laboured at times.

i
imaryg
Mar 02, 2018

The audio book is a long slow grind, but, worth the effort. Interesting and with applicable personal insights. Kahneman is an interesting author with an unmatchable pedigree. However, a lot of what he proposes is really just common sense. I finished a course in Behavioural Economics recently and he is the father of this subject.
What really threw me completely at the end of the course, was that Kahenman admits, that after everything, our biases are so deeply ingrained and unconscious and we can never really overcome them.

a
AaronAardvark1940
Feb 16, 2018

A well-written book, full of practical examples of the author's theory. Two weeks was not enough time to absorb everything, and there are several sections of the book I'd like to read again. I definitely need to learn more about Bayesian analysis.

w
WilReich
Nov 19, 2017

While I highly recommend this book, I highly recommend you DON'T GET THE AUDIOBOOK — While the material is digestible and accessible, I think it needs slower reading and frequent pauses and re-reading of sentences to stay on track. I'd have been in big trouble if I'd tried to get through it on audio.

w
writermala
Oct 27, 2017

The title and description of this book intrigued me. However, I was a little concerned that a Psychologist of Kahneman's stature - Nobel Laureate - would perhaps talk down to me. I need not have worried. While it is obvious that Kahneman has a thorough knowledge of every aspect of this subject he explains everything in language that a layperson like me can understand. A lifetime's worth of research is contained in this book and we the reader's are the beneficiaries. Some of his comments like "Whenever we can replace human judgment by a formula, we should at least consider it," are priceless. His examples to explain a context go a long way in helping us understand the tough topics.

g
GrandpaBig
Jul 12, 2017

Have not finished this one yet, but already quite impressed....

z
zenmark29
May 16, 2017

This book is a "red pill". It can awaken one to the fact that the mind can function in an automatic and unaware fashion that creates a feeling of high confidence in a judgement that is, in fact, a complete error. It is a good companion to "Being Wrong".
Read it, if you dare.

1
1aa
May 09, 2017

The book was excellently narrated, with a consistent and deep voice, and with minor emphases where needed.
The work itself is so edifying and useful it should make to one's reread once a year list. The end of chapter aphorisms are funny and apt. One practically needs a notebook by one's side to make notes in order to make use of what one learns.

ArapahoeAnnaL Mar 26, 2017

Dr. Kahneman is a Professor of Psychology at Princeton University and won the Nobel Prize in economic sciences in 2002. Humans have two different ways of thinking; and the biases of system 1 (intuitive) can lead system 2 (rational) astray.

v
vyhoffman
Feb 26, 2017

However good or bad the book is, I can't say, because the epub would not for anything open on my Nook.

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SFPL202
Nov 21, 2017

SFPL202 thinks this title is suitable for 14 years and over

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