Thinking Fast And Slow Summary - Four Minute BooksAuthor: Daniel Kahneman. Narrator: Patrick Egan. Unabridged: 20 hr 2 min. Format: Digital Audiobook. Publisher: Random House Audio.
Daniel Kahneman Thinking Fast and Slow Part 01 Audiobook
Best Summary: Thinking, Fast and Slow, by Daniel Kahneman
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.
The distinction between fast and slow thinking has been explored by .. was offered by Christopher Chabris and Daniel Simons in their book The. Invisible Gorilla. Similarly, cold cuts described as “90% fat-free” are more attractive than.
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Read the full comprehensive summary at Shortform. Thinking, Fast and Slow concerns a few major questions: how do we make decisions? And in what ways do we make decisions poorly? System 1 : operates automatically and quickly, with little or no effort, and no sense of voluntary control. System 2 : allocates attention to the effortful mental activities that demand it, including complex computations.
In , Daniel Kahneman won the Nobel in economic science. What made this unusual is that Kahneman is a psychologist. Specifically, he is one-half of a pair of psychologists who, beginning in the early s, set out to dismantle an entity long dear to economic theorists: that arch-rational decision maker known as Homo economicus. The other half of the dismantling duo, Amos Tversky, died in at the age of Had Tversky lived, he would certainly have shared the Nobel with Kahneman, his longtime collaborator and dear friend. There are essentially three phases to his career.