Thinking, Fast and Slow - Daniel Kahneman
Like the title of this book says, is just the way you’ll
be able to get this book going as you will be thinking fast and slow to
bits which above all is so interesting at its extent. Thinking, fast
and slow which was awarded the New York Times Notable Book for 2011 was
written by Daniel Kahneman
who likewise too is the recipient of Nobel Prize in Economic Sciences
for his seminal work in psychology that challenged the rational model of
judgment and decision making, is one of our most important thinkers.
His ideas have had a profound and widely regarded impact on many fields—including economics, medicine, and politics—but
until now, he has never brought together his many years of research and
thinking in one book. With regards to the book of thinking, fast and
slow expect none other the epic storyline here which takes a look at one
of the modern tour of the mind and
give details 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.
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