Thinking Fast and Slow Economic Books In English
$31.08
- Language: English
- Age: Ages 2-5 Years Old
- Condition: New
- Origin: Mainland China
Thinking, Fast and Slow
By Daniel Kahneman
Publisher: Penguin Random House
Publish date: 2012
Language: English
ISBN: 9780141033570
Product size: 12.9 x2.4x 19.7 cm
Packing: paperback
Page number: 50
Thinking, Fast and Slow is a best-selling2011 book by Nobel Memorial Prize in Economics winner Daniel Kahneman which summarizes research that he conducted over decades, often in collaboration with Amos Tversky. It covers all three phases of his career: his early days working on cognitive biases, his work on prospect theory, and his later work on happiness.
The book’s central thesis is a dichotomy between two modes of thought: “System 1” is fast, instinctive and emotional; “System 2” is slower, more deliberative, and more logical. The book delineates cognitive biases associated with each type of thinking, starting with Kahneman’s own research on loss aversion. From framing choices to people’s tendency to substitute an easy-to-answer question for one that is harder, the book highlights several decades of academic research to suggest that people place too much confidence in human judgment.
Daniel Kahneman is an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith). His empirical findings challenge the assumption of human rationality prevailing in modern economic theory.
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