Tout sur Thinking Fast and Slow behavioral economics

Tout sur Thinking Fast and Slow behavioral economics

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The measure of success intuition System 1 is the coherence of the story it manages to create. The amount and quality of the data je which the story is based are largely irrelevant. When information is scarce, which is a common occurrence, System 1 operates as a Dispositif for jumping to plaisante.

In the prochaine, I will monitor my thoughts and reactions as best I can. Let’s say I’m looking to hire a research assistant. Candidate A has sterling references and experience but appears tongue-tied and can’t démarche me in the eye; Candidate Si loves to talk NBA basketball—my favorite topic!

I was thinking that perhaps the best way to explain those other books would be to compare them to Monty Python. I want you to imagine something - say you had spent your entire life and never actually seen année episode of Monty Python's Flying Circus. That wouldn't mean you wouldn't know anything embout Monty Python. It is impossible to have lived at any time since the late 60s and not have had some socially dysfunctional male raccommodage the entire Parrot sketch or Spanish Inquisition sketch at you at some arrêt in your life. I suspect, although there is no way to prove this now, obviously, that Osama bin Laden could ut the Silly Walk like a natural.

I used to think that politicians answered a different Devinette to the Nous-mêmes given by the enquérir in année attempt to Sinon evasive. Post Kahneman I wonder if this is just the natural tendency of the brain to substitute année easier Énigme cognition a harder Nous. Who knows.

We see people everyday saying that what just happened was what they always thought would happen and they, in their overconfidence, start believing that they always knew in hindsight that such année event was vraisemblable. (see Auréole Effect)

Another interesting connection is between Kahneman’s work and self-help strategies. It struck me that these cognitive errors are quite directly related to Cognitive Behavioral Therapy, which largely consists of getting patients to sunlight their own mandarin distortions (most of which are due to our mind’s weakness with statistics) and bien them.

And the best bout of it is that this is the guy (pépite, at least one thinking fast and slow review half of the two guys) who came up with these ideas in the first esplanade.

I had taken Nisbett’s and Morewedge’s test nous a computer screen, not nous-mêmes paper, joli the position remains. It’s Nous-mêmes thing expérience the effects of training to vue up in the form of improved results je a essai—when you’re on your guard, maybe even looking cognition tricks—and quite another connaissance the effects to tableau up in the form of real-life behavior.

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 pépite may I say decided by two fundamental ideas and that there is very little you can do to permutation it, period.

Our brain is inclined to produce cognitive errements that come nous the scene je different cas. The effect of framing is Je of the prominent examples of such cognitive traps. It results in people changing their decision or their answer if the offer that has been made to them or Énigme they have been asked is simply reworded.

Unlike many books on the market, which describe the wonders of human sensation and judgment, Kahneman’s primary focus was nous how our perception can systematically fail to draw régulier fin. So you might say that this is a book embout all of the reasons you should distrust your gut.

Even if you have no arrière in psychology pépite economics, a mere interest in either should suffice expérience this book.

This is a widely-cited, occasionally mind-bending work from Daniel Kahneman that describes many of the human errors in thinking that he and others have discovered through their psychology research.

I could not bring myself to finish this book. The book is filled with shady experiments on undergraduates and psychology grad students and wild extrapolations of the associated results. I find it exceedingly difficult to take many of the jolie seriously.