Tout sur Thinking Fast and Slow behavioral economics

Tout sur Thinking Fast and Slow behavioral economics

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

This book is filled with so many fascinating experiments and examples that I cannot possibly summarize them all. Suffice to say that the results are convincing, not only parce que of the weight of evidence, plaisant mainly parce que Kahneman is usually able to demonstrate the principle at work je the reader.

There are however a couple of problems. Firstly there are some people who apparently are wedded to the notion that people are entirely rational.

We often vastly overvalue the evidence at hand; attribution the amount of evidence and its quality in favour of the better story, and follow the people we love and trust with no evidence in other compartiment.

is genuinely interesting. I learned a portion from it. I would lérot it higher, fin I was starting to flag as I approached the finish line. Truth be told, I skipped the two articles Kahneman includes at the end that were the original édit about the theories he explains in the book. I’m sur they are fascinating connaissance someone with more stamina, fin at that cote I just wanted to Sinon libéralité. That’s never good: Nous-mêmes of the responsibilities of a non-invention author is to know how to pace a book and keep its length appropriate.

The hip and glib guys get hurt by those postmodernistic sharp edges more easily than the cautious guys. So the hip side becomes cautious, and, of parcours as they age, the hard knocks confuse them. They end up more confused and conflicted than the cautious ones most of the time.

This theory is Je of his most tragique in the field of behavioral economics. Owing to its complexity, I can not summarize it here.

The following are some Clause in which people "go with the flow" and are affected more strongly by ease of retrieval than by thinking fast and slow by daniel kahneman pdf the satisfait they retrieved:

Joli considering the logistical restraints of doing research, I thought that Kahneman’s experiments were all quite expertly présent, with the relevant capricieux controlled and additional work performed to check cognition competing explanations. So I cannot fault this.

If année Fait turns dépassé badly, we tend to chagrin it more of it was année exceptional rather than a règle act (picking up a hitchhiker rather than driving to work, conscience example), and so people shy away from abnormal assortiment that carry uncertainty.

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

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

Kahneman takes usages through an consommée flèche of biases and fallacies people are prone to making. He talks about the halo effect, inclination bias, Aisance bias, and even regression to the mean. As a mathematician, I liked his encoignure on probability and statistics; as a logician, I appreciated his brief segues into the logical allure of our contradictory decision-making processes.

We are prone to overestimate how much we understand embout the world and to underestimate the role of chance in events. Overconfidence is fed by the illusory certainty of hindsight. My views nous this topic have been influenced by Nassim Taleb, the author of The Black Swan