Thinking, Fast and Slow [Hardcover]

Thinking, Fast and SlowAuther : Daniel Kahneman
Publisher : Farrar, Straus and Giroux
ISBN : 0374275637
ISBN13 : 9780374275631
Pages : 512
List Price : $30.00   $17.20
Book Rating : Rating: 4.2
Thinking, Fast and Slow

Book Description

A New York Times Top 10 Book for 2011
A Globe and Mail Best Books of the Year 2011 Title

Daniel Kahneman, recipient of the 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.

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.

Amazon.com Review

Amazon Best Books of the Month, November 2011: Drawing on decades of research in psychology that resulted in a Nobel Prize in Economic Sciences, Daniel Kahneman takes readers on an exploration of what influences thought example by example, sometimes with unlikely word pairs like "vomit and banana." System 1 and System 2, the fast and slow types of thinking, become characters that illustrate the psychology behind things we think we understand but really don't, such as intuition. Kahneman's transparent and careful treatment of his subject has the potential to change how we think, not just about thinking, but about how we live our lives. Thinking, Fast and Slow gives deep--and sometimes frightening--insight about what goes on inside our heads: the psychological basis for reactions, judgments, recognition, choices, conclusions, and much more.  --JoVon Sotak


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Thinking, Fast and Slow Reviews


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Customer Reviews
Average Customer Review
35 Reviews
5 star:
 (21)
4 star:
 (8)
3 star:
 (2)
2 star:
 (1)
1 star:
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268 of 297 people found the following review helpful:
5.0 out of 5 stars This is how you think, October 25, 2011
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This review is from: Thinking, Fast and Slow (Hardcover)
Daniel Kahneman may have won his Nobel Prize in Economic Sciences, but his work was psychological in nature as it challenged the rational model of judgment and decision-making. He's considered one of the most important psychologists alive today, and this book doesn't disappoint with its breakthrough approach to understanding the "machinery of the mind."

Kahneman introduces two mental systems, one that is fast and the other slow. Together they shape our impressions of the world around us and help us make choices. System 1 is largely unconscious and it makes snap judgments based upon our memory of similar events and our emotions. System 2 is painfully slow, and is the process by which we consciously check the facts and think carefully and rationally. Problem is, System 2 is easily distracted and hard to engage, and System 1 is wrong as often as it is right. System 1 is easily swayed by our emotions. Examples he cites include the fact that pro golfers are more accurate when... Read more
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273 of 310 people found the following review helpful:
1.0 out of 5 stars Buy the real book, not the ebook, November 20, 2011
The kindle version of this excellent book is disappointing. Several features of the book are confusing in the ebook because the formatting is so poor. Tables with two columns run together because they are not boxed and the columns are only separated by one space. There are questions at the end of each chapter whose purpose is unclear until you see them in the real book, where they are set off in a box with a different type face. Most disappointing is the handling of the footnotes - they are relegated to the back of the book with no page number reference. There is few word phrase in the notes that corresponds to the place in the text to which the note refers, but it is up to the reader to scan the chapter to find the reference. The book reads like a mechanical translation of the physical book into a new format, with no effort taken to edit and format appropriately. So the reader loses. With the price of the ebook almost as much as the real book, you will be happier if you buy the real... Read more
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174 of 197 people found the following review helpful:
5.0 out of 5 stars A Gold Mine of Behavioral Research., October 25, 2011
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This review is from: Thinking, Fast and Slow (Hardcover)
Daniel Kahneman, the author of this exceptional book, and Amos Tversky (who died in 1996) made economics and other disciplines a lot more realistic--and tougher--for economists, researchers and students. Prior to their work, economists and others maintained classical theories and explanations that relied on certain seemingly logical assumptions about human behavior. However, people don't always behave the way logic might suggest, for a variety of reasons that Kahneman (and Tversky) explained, starting in the 1970s. Today, the subject of behavioral decision-making is one of the more exciting ones in fields like economics, finance, medicine and even law, thanks to their pioneering work. In recognition of the impact of his work in economics, Kahneman, a cognitive psychologist and professor emeritus at Princeton, won the Nobel Prize in Economics in 2002, specifically for his work on prospect theory.

The title of this book comes from Kahneman's discussion of two simple... Read more
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