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In this work the author, a recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology that challenged the rational model of judgment and decision making, has brought together his many years of research and thinking in one book. He 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. He 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. He 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. This author's work has transformed cognitive psychology and launched the new fields of behavioral economics and happiness studies. In this book, he takes us on a tour of the mind and explains the two systems that drive the way we think and the way we make choices.… (mais)
Dad gave me this book and I read it right away in the summer of 2020 while we were living in Escondido with the Zags, waiting to move in to our CPEN house. Need to reread this one soon. Has been referenced dozens of time in various classes and PME since I read it and I am embarrassed by my lack of recollection despite having read this cover to cover.
Over-rated. As often the case, a really interesting central idea, explained in a ten thousand word essay, wrapped in several hundred pages of justification. ( )
A very good book, but not an easy book to read. This is in part because of the print size, which is miniscule. It has also to do, I feel, with the conclusions that the reader inevitably draws as they go through the text; namely, we are simply not as rational as we like to think we are. Still, it is a book that rewards persistence, and even aids it in one vital way (by breaking the text up into small sections). The accessibility of the writing style also helps counteract the aforementioned hindrances. Overall, well worth the read. ( )
Here's what I wrote in 2012 about this read: "Interesting and educational. A bit long, but I guess that is fast thinking. Made MGA thinking about intuition vs. analysis, and the power of the "fast" part of brain to jump to (often wrong) conclusions." ( )
The replication crisis in psychology does not extend to every line of inquiry, and just a portion of the work described in Thinking, Fast and Slow has been cast in shadows. Kahneman and Tversky’s own research, for example, turns out to be resilient. Large-scale efforts to recreate their classic findings have so far been successful. One bias they discovered—people’s tendency to overvalue the first piece of information that they get, in what is known as the “anchoring effect”—not only passed a replication test, but turned out to be much stronger than Kahneman and Tversky thought.
Still, entire chapters of Kahneman’s book may need to be rewritten.
"It is an astonishingly rich book: lucid, profound, full of intellectual surprises and self-help value. It is consistently entertaining and frequently touching..."
Informação do Conhecimento Comum em inglês.Edite para a localizar na sua língua.
In memory of Amos Tversky
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Informação do Conhecimento Comum em inglês.Edite para a localizar na sua língua.
Every author, I suppose, has in mind a setting in which readers of his or her work could benefit from having read it.
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Informação do Conhecimento Comum em inglês.Edite para a localizar na sua língua.
extreme outcomes (both high and low) are more likely to be found in small than in large samples. This explanation is not causal. The small population of a county neither causes nor prevents cancer; it merely allows the incidence of cancer to be much higher (or much lower) than it is in the larger population. The deeper truth is that there is nothing to explain. The incidence of cancer is not truly lower or higher than normal in a county with a small population, it just appears to be so in a particular year because of an accident of sampling. If we repeat the analysis next year, we will observe the same general pattern of extreme results in the small samples, but the counties where cancer was common last year will not necessarily have a high incidence this year. If this is the case, the differences between dense and rural counties do not really count as facts: they are what scientists call artifacts, observations that are produced entirely by some aspect of the method of research - in this case, by differences in sample size. p 111
Even now, you must exert some mental effort to see that the following two statements mean exactly the same thing: Large samples are more precise than small samples. Small samples yield extreme results more often than large samples do. p 111
When experts and the public disagree on their priorities, [Paul Slovic] says, 'Each side must respect the insights and intelligence of the other.' p 140
You can also take precautions that will inoculate you against regret. Perhaps the most useful is to b explicit about the anticipation of regret. If you can remember when things go badly that you considered the possibility of regret carefully before deciding, you are likely to experience less of it. You should also know that regret and hindsight bias will come together, so anything you can do to preclude hindsight is likely to be helpful. My personal hindsight-avoiding policy is to be either very thorough or completely casual when making a decision with long-term consequences. Hindsight is worse when you think a little, just enough to tell yourself later, 'I almost made a better choice.' Daniel Gilbert and his colleagues provocatively claim that people generally anticipate more regret than they will actually experience, because they underestimate the efficacy of the psychological defenses they will deploy - which they label the 'psychological immune system.' Their recommendation is that you should not put too much weight on regret; even if you have some, it will hurt less than you now think.p 352
Unless there is an obvious reason to do otherwise, most of us passively accept decision problems as they are framed and therefore rarely have an opportunity to discover the extent to which our preferences are frame-bound rather than reality-bound. p 367
Peak-end rule: The global retrospective rating was well predicted by the average o the level of pain reported at the worst moment of he experience and at its end....If the objective is to reduce patients' memory of pain, lowering the peak intensity of pain could be more important than minimizing the duration of the procedure. By the same reasoning, gradual relief may be preferable to abrupt relief if patients retain a better memory when the pain at the end of the procedure is relatively mild. p 380
In normal circumstances, however, we draw pleasure and pain from what is happening at the moment, if we attend to it. We found that French and American women spent about the same amount of time eating, but for Frenchwomen, eating was twice as likely to be focal as it was for American women. The Americans were far more prone to combine eating with other activities, and their pleasure from eating was correspondingly diluted.... it is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you. p 395
You [will inevitably use] the limited information you have as if it were all there is to know. You build the best possible story from the information available to you, and if it is a good story, you will believe it. Paradoxically, it is easier to construct a coherent story when you know little, when there are fewer pieces to fit into the puzzle. Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance. p 201
Experts who acknowledge the full extent of their ignorance may expect to be replaced by more confident competitors, who are better able to gain the trust of clients. An unbiased appreciation of uncertainty is a cornerstone of rationality -- but it is not what people and organizations want. p 263
I have always believed that scientific research is another domain where a form of optimism is essential to success: I have yet to meet a successful scientist who lacks the ability to exaggerate the importance of what he or she is doing, and I believe that someone who lacks a delusional sense of significance will wilt in the face of repeated experiences of multiple small failures and rare successes, the fate of most researchers. p 264
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Informação do Conhecimento Comum em inglês.Edite para a localizar na sua língua.
They will make better choices when they trust their critics to be sophisticated and fair, and when they expect their decision to be judged by how it was made, not only by how it turned out.
In this work the author, a recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology that challenged the rational model of judgment and decision making, has brought together his many years of research and thinking in one book. He 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. He 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. He 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. This author's work has transformed cognitive psychology and launched the new fields of behavioral economics and happiness studies. In this book, he takes us on a tour of the mind and explains the two systems that drive the way we think and the way we make choices.
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