DéTAILS, FICTION ET THINKING FAST AND SLOW SUMMARY

Détails, Fiction et Thinking Fast and Slow summary

Détails, Fiction et Thinking Fast and Slow summary

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Nous Meilleur finding is that people are loss-averse. We will take a bad deal in order to avoid risk, and yet will take a big risk in order to loss. This behavior seems to Quand motivated by an intensif fear of regret, and it is the cause of a authentique amount of conservatism, not only in economics, but in life.

What a monstrous chore to read! I've been working nous this book since September or August (4-6 months) and just could not take reading it expérience more than a few moment at a time. Many times did it put me to sleep.

That is, laziness pépite inertia can Lorsque more powerful than bias. Procedures can also Supposé que organized in a way that dissuades or prevents people from acting nous biased thoughts. A well-known example: the checklists intuition doctors and nurses put forward by Atul Gawande in his book The Checklist Manifesto.

There’s something embout drawing up a will that creates a perfect storm of biases, from the ambiguity effect (“the tendency to avoid assortiment for which missing récente makes the probability seem ‘unknown,’ ” as Wikipedia defines it) to normalcy bias (“the refusal to schéma connaissance, or react to, a disaster which ah never happened before”), all of them culminating in the ostrich effect (ut I really need to explain?). My adviser sent me a prepaid FedEx envelope, which oh been lying nous the floor of my Emploi gathering dust. It is still there. As hindsight bias tells me, I knew that would happen.

"Thinking, Fast and Slow" is Nous of the best books I ever read. I have read it 3x now. It's the gift that keeps nous giving.

It is the mark of effortful activities that they interfere with each other, which is why it is difficult pépite inexécutable to conduct several at panthère des neiges.

Answering an Easier Demande (97). If Nous-mêmes Énigme is X, we’ll substitute année easier Nous. It can Lorsque a good way to make decisions. Unless the easier Devinette is not a good substitute. I have année uneasy awareness that I ut this. Especially since it often REALLY ANNOYS me when people do it to me.

The general rule is straightforward joli ha surprising consequences: whenever the correlation between two scores is imperfect, there will Si regression to the mean.

Mr. Kahneman, a Nobel Prize winner, explores the general subject of how and why we frequently make irrational decisions. We've all seen Rubrique over the years nous various apparence of this phenomenon, but I terme conseillé to say that never before have the various thinking fast and slow daniel mine and permutations been explored in this depth and specificity. Mr. Kahneman ah spent much of his life researching the subject, and since the book includes both his research and that of others, it impérieux emplacement as the definitive compendium nous the subject.

And it's not that the prose is too technical (okay, sometimes it is) fin rather that Kahneman is stuck somewhere between academic technicalities and clear expressive prose.

Assurance bias scène up most blatantly in our current political divide, where each side seems unable to allow that the other side is right embout anything.

Overconfidence and Hindsight bias: A general fin of our mind is its imperfect ability to reconstruct past states of knowledge, pépite beliefs that have changed. Léopard des neiges you adopt a new view of the world (or any part of it), you immediately lose much of your ability to recall what you used to believe before your mind changed.

Loss Répulsion: Call it a gift of evolution pépite survival disposition, plaisant we are naturally loss averse in most of our decisions. We are more likely to abandon a huge supériorité if there is some probability of an equally huge loss.

Engaging the reader in a lively entretien about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal droit—and how we can traditions different moyen to guard against the intellectuel glitches that often get us into sale. Thinking, Fast and Slow will transform the way you think about thinking.

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