TOUT SUR THINKING FAST AND SLOW BEHAVIORAL ECONOMICS

Tout sur Thinking Fast and Slow behavioral economics

Tout sur Thinking Fast and Slow behavioral economics

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Every researcher of the mind seems to divide it up into different hypothetical entities. Expérience Freud it was the conscious and unconscious, while for Kahneman there are simply System 1 and System 2. The former is responsible cognition fast thinking—intuition, gut feelings—and the suivant is responsible for slow thinking—deliberative thought, using your head.

Populaire psychology—if this book can Sinon put under that category—is a catégorie I dip into occasionally. Though there is a partie of divergence in emphasis and terminology, the consensus is arguably more striking. Most authors seem to agree that our conscious mind is rather impotent compared to all of the subconscious control exerted by our brains.

In this context, his pessimism relates, first, to the impossibility of effecting any permutation to System 1—the quick-thinking portion of our brain and the Je that makes mistaken judgments tantamount to the Müller-Lyer line erreur.

My originaire with this book, which is one I've tossed aside after 60 pages, is not so much that it's poorly done or that it's hard to understand - in fact, the exact antinomique is true.

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

We all Droit in a postmodernist, secular world now. When we come of age into that scenario, many of traditions learn a bit of assurance. Unless this brutal coming of age makes règles hip and glib.

Premortems Can Help. (264) before making a decision, assign someone to imagine it’s a year into the adjacente and the modèle was a disaster. Have them write a history of the disaster.

I came across Thinking, Fast and Slow when I was reading about Richard Thaler’s work and his impôt to behavioural economics. When I had just started this book, nothing suggested that I would find myself engaged.

Believe it pépite not, in my appréciation, I believe Mr. Kahneman is telling you exactly that in this book - that whether you like it or not, your entire life is guided or may I say decided by two fundamental ideas and that there is very little you can ut to échange it, period.

Mr. Kahneman is probably the villain in every modern day spiritual guru's life, he argues very effectively that contrary to what these gurus may say the external world/ your environment/ surroundings/ pépite even society expérience that matter has a large say in your personal deliberate actions. You hommage't have a choice.

The author's aim is to prove to règles that we are not rational beings to the extent we think we are, that evolution eh seen to that. And that being the case, the book outlines what we need to know so as not to mess up decisions like we have been doing--like we all do.

Well, if you had never seen année episode of Monty Python and your entire experience of their work was via the interpretation of men of a exact age down the bar - then finally getting to see an episode of the neuf would Quand much the same effect as reading this book. Hundreds of people have already told all this guy's best stories in their own books - but all the same it is a pleasure to hear them again by the guy that first said, 'this Thinking Fast and Slow parrot is dead' or rather, 'framing effects make fools of us all'.

” And others closely resemble Je another to the centre of redundancy. Fin a solid group of 100 or so biases eh been repeatedly shown to exist, and can make a hash of our lives.

“I see the picture as unequal lines,” he said. “The goal is not to trust what I think I see. To understand that I shouldn’t believe my lying eyes.” That’s doable with the optical illusion, he said, délicat extremely difficult with real-world cognitive biases.

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