Thinking, Fast and Slow
Summary Thinking, Fast and Slow
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, intuitiv
...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. Engaging the reader in a lively conversation 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 lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Thinking, Fast and Slow will transform the way you think about thinking.
Episode list
Introduction
You experienced slow thinking as you proceeded through a sequence of
The sophisticated allocation of attention has been honed by a long
SPEAKING OF CONTROL
What psychologists do believe is that all of us live much of our life guided
SPEAKING OF NORMS AND CAUSES
to register the average length of an array of lines with considerable
You were at least mildly surprised by the size of the difference
The difference between the high-anchor and low-anchor groups was
THE PUBLIC AND THE EXPERTS
The combination of WY SIATI and associative coherence tends to make us
The reckless cabdrivers and the impossibly difficult exam illustrate two
People who are familiar with the American educational scene quickly come
Hindsight bias has pernicious effects on the evaluations of decision
The most potent psychological cause of the illusion is certainly that the
The big surprise to me was that the intuitive judgment that the
Our state of mind when we heard Seymour is not well described by
OVERCONFIDENCE
We soon knew that we had overcome a serious case of theory-induced
Thaler arranged to spend a year at Stanford when he knew that Amos and
Unfairly imposing losses on people can be risky if the victims are in a
OVERESTIMATION AND OVERWEIGHTING
Let us assume that a very simple value function describes the preferences
The intense aversion to trading increased risk for some other advantage
A brain region known to be associated with conflict and self-control
The experiment was designed to create a conflict between the interests of
Severe poverty amplifies the experienced effects of other misfortunes of
The possibility of using measures of well-being as indicators to guide
