Thinking, Fast and Slow by Daniel Kahneman, ISBN-13: 978-0141918921

Thinking, Fast and Slow by Daniel Kahneman, ISBN-13: 978-0141918921

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Major New York Times bestseller
Over two million copies sold
Selected by the New York Times Book Review as one of the ten best books of 2011
Selected by The Wall Street Journal as one of the best nonfiction books of 2011
2013 Presidential Medal of Freedom Recipient
Daniel Kahneman’s work with Amos Tversky is the subject of Michael Lewis’s best-selling The Undoing Project: A Friendship That Changed Our Minds

In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, world-famous psychologist and winner of the Nobel Prize in Economics, 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. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation―each of these can be understood only by knowing how the two systems 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. Topping bestseller lists for almost ten years, Thinking, Fast and Slow is a contemporary classic, an essential book that has changed the lives of millions of readers.

Contents
INTRODUCTION
PART I. TWO SYSTEMS
1. THE CHARACTERS OF THE STORY
2. ATTENTION AND EFFORT
3. THE LAZY CONTROLLER
4. THE ASSOCIATIVE MACHINE
5. COGNITIVE EASE
6. NORMS, SURPRISES, AND CAUSES
7. A MACHINE FOR JUMPING TO CONCLUSIONS
8. HOW JUDGMENTS HAPPEN
9. ANSWERING AN EASIER QUESTION
PART II. HEURISTICS AND BIASES
10. THE LAW OF SMALL NUMBERS
11. ANCHORS
12. THE SCIENCE OF AVAILABILITY
13. AVAILABILITY, EMOTION, AND RISK
14. TOM W’S SPECIALTY
15. LINDA: LESS IS MORE
16. CAUSES TRUMP STATISTICS
17. REGRESSION TO THE MEAN
18. TAMING INTUITIVE PREDICTIONS
PART III. OVERCONFIDENCE
19. THE ILLUSION OF UNDERSTANDING
20. THE ILLUSION OF VALIDITY
21. INTUITIONS VS. FORMULAS
22. EXPERT INTUITION: WHEN CAN WE TRUST IT?
23. THE OUTSIDE VIEW
24. THE ENGINE OF CAPITALISM
PART IV. CHOICES
25. BERNOULLI’S ERRORS
26. PROSPECT THEORY
27. THE ENDOWMENT EFFECT
28. BAD EVENTS
29. THE FOURFOLD PATTERN
30. RARE EVENTS
31. RISK POLICIES
32. KEEPING SCORE
33. REVERSALS
34. FRAMES AND REALITY
PART V. TWO SELVES
35. TWO SELVES
36. LIFE AS A STORY
37. EXPERIENCED WELL-BEING
38. THINKING ABOUT LIFE
CONCLUSIONS
APPENDIX A: JUDGMENT UNDER UNCERTAINTY
APPENDIX B: CHOICES, VALUES, AND FRAMES
NOTES
ACKNOWLEDGMENTS
FOLLOW PENGUIN

Daniel Kahneman is Eugene Higgins Professor of Psychology Emeritus at Princeton University and a professor of public affairs at the Woodrow Wilson School of Public and International Affairs. He received the 2002 Nobel Prize in Economic Sciences for his pioneering work with Amos Tversky on decision-making.

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