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Thinking, Fast and Slow
 
 
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Thinking, Fast and Slow [Hardcover]

Daniel Kahneman
4.6 out of 5 stars  See all reviews (40 customer reviews)
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Product details

  • Hardcover: 512 pages
  • Publisher: Allen Lane (3 Nov 2011)
  • Language English
  • ISBN-10: 1846140552
  • ISBN-13: 978-1846140556
  • Product Dimensions: 23.6 x 15.6 x 3.6 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (40 customer reviews)
  • Amazon Bestsellers Rank: 104 in Books (See Top 100 in Books)

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Daniel Kahneman
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Product Description

Review

There have been many good books on human rationality and irrationality, but only one masterpiece. That masterpiece is Daniel Kahneman's Thinking, Fast and Slow.Kahneman, a winner of the Nobel Prize for economics, distils a lifetime of research into an encyclopedic coverage of both the surprising miracles and the equally surprising mistakes of our conscious and unconscious thinking. He achieves an even greater miracle by weaving his insights into an engaging narrative that is compulsively readable from beginning to end. My main problem in doing this review was preventing family members and friends from stealing my copy of the book to read it for themselves...this is one of the greatest and most engaging collections of insights into the human mind I have read (William Easterly Financial Times )

Absorbing, intriguing...By making us aware of our minds' tricks, Kahneman hopes to inspire individuals and organisations to identify strategies to outwit them (Jenni Russell Sunday Times )

Profound . . . As Copernicus removed the Earth from the centre of the universe and Darwin knocked humans off their biological perch, Mr. Kahneman has shown that we are not the paragons of reason we assume ourselves to be (The Economist )

[Thinking, Fast and Slow] is wonderful, of course. To anyone with the slightest interest in the workings of his own mind, it is so rich and fascinating that any summary would seem absurd (Michael Lewis Vanity Fair )

It is an astonishingly rich book: lucid, profound, full of intellectual surprises and self-help value. It is consistently entertaining and frequently touching, especially when Kahneman is recounting his collaboration with Tversky . . . So impressive is its vision of flawed human reason that the New York Times columnist David Brooks recently declared that Kahneman and Tversky's work 'will be remembered hundreds of years from now,' and that it is 'a crucial pivot point in the way we see ourselves.' They are, Brooks said, 'like the Lewis and Clark of the mind' . . . By the time I got to the end of Thinking, Fast and Slow, my skeptical frown had long since given way to a grin of intellectual satisfaction. Appraising the book by the peak-end rule, I overconfidently urge everyone to buy and read it. But for those who are merely interested in Kahenman's takeaway on the Malcolm Gladwell question it is this: If you've had 10,000 hours of training in a predictable, rapid-feedback environment-chess, firefighting, anesthesiology-then blink. In all other cases, think (The New York Times Book Review )

[Kahneman's] disarmingly simple experiments have profoundly changed the way that we think about thinking . . . We like to see ourselves as a Promethean species, uniquely endowed with the gift of reason. But Mr. Kahneman's simple experiments reveal a very different mind, stuffed full of habits that, in most situations, lead us astray (Jonah Lehrer The Wall Street Journal )

This is a landmark book in social thought, in the same league as The Wealth of Nations by Adam Smith and The Interpretation of Dreams by Sigmund Freud (Nassim Nicholas Taleb, Author Of 'the Black Swan' )

Daniel Kahneman is among the most influential psychologists in history and certainly the most important psychologist alive today...The appearance of Thinking, Fast and Slow is a major event (Steven Pinker, Author Of The Language Instinct )

Daniel Kahneman is one of the most original and interesting thinkers of our time. There may be no other person on the planet who better understands how and why we make the choices we make. In this absolutely amazing book, he shares a lifetime's worth of wisdom presented in a manner that is simple and engaging, but nonetheless stunningly profound. This book is a must read for anyone with a curious mind (Steven D. Levitt, Co-Author Of 'freakonomics' )

This book is a tour de force by an intellectual giant; it is readable, wise, and deep. Buy it fast. Read it slowly and repeatedly. It will change the way you think, on the job, about the world, and in your own life (Richard Thaler, Co-Author Of 'nudge' )

[A] tour de force of psychological insight, research explication and compelling narrative that brings together in one volume the high points of Mr. Kahneman's notable contributions, over five decades, to the study of human judgment, decision-making and choice . . . Thanks to the elegance and force of his ideas, and the robustness of the evidence he offers for them, he has helped us to a new understanding of our divided minds-and our whole selves (Christoper F. Chabris The Wall Street Journal )

Thinking, Fast and Slow is a masterpiece - a brilliant and engaging intellectual saga by one of the greatest psychologists and deepest thinkers of our time. Kahneman should be parking a Pulitzer next to his Nobel Prize (Daniel Gilbert, Professor Of Psychology, Harvard University, Author Of 'stumbling On Happiness', Host Of The Award-Winning Pbs Television Series 'this Emotional Life' )

A major intellectual event . . . The work of Kahneman and Tversky was a crucial pivot point in the way we see ourselves (David Brooks The New York Times )

Kahneman provides a detailed, yet accessible, description of the psychological mechanisms involved in making decisions (Jacek Debiec Nature )

This book is one of the few that must be counted as mandatory reading for anyone interested in the Internet, even though it doesn't claim to be about that. Before computer networking got cheap and ubiquitous, the sheer inefficiency of communication dampened the effects of the quirks of human psychology on macro scale events. No more. We must now confront how we really are in order to make sense of our world and not screw it up. Daniel Kahneman has discovered a path to make it possible (Jaron Lanier, Author Of You Are Not A Gadget )

For anyone interested in economics, cognitive science, psychology, and, in short, human behavior, this is the book of the year. Before Malcolm Gladwell and Freakonomics, there was Daniel Kahneman who invented the field of behavior economics, won a Nobel...and now explains how we think and make choices. Here's an easy choice: read this (The Daily Beast )

I will never think about thinking quite the same. [Thinking, Fast and Slow] is a monumental achievement (Roger Lowenstein Bloomberg/Businessweek )

A terrific unpicking of human rationality and irrationality - could hardly have been published at a better moment. Kahnemann is the godfather of behavioural economics, and this distillation of a lifetime's thinking about why we make bad decisions - about everything from money to love - is full of brilliant anecdote and wisdom. It is Kahnemann's belief that anyone who thinks they know exactly what is going on hasn't understood the question; as such it's the perfect gift for opinionated family members everywhere. (Tim Adams Observer Books of the Year )

The book I most want to be given is Thinking, Fast and Slow by Daniel Kahneman. I'm a speedy thinker myself, so am hoping to be endorsed in that practice. (Sally Vickers Observer Books of the Year )

In this comprehensive presentation of a life's work, the world's most influential psychologist demonstrates that irrationality is in our bones, and we are not necessarily the worse for it (10 Best Books Of 2011 New York Times )

Selected by the New York Times as one of the 100 Notable Books of 2011 (New York Times )

Product Description

Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology challenging the rational model of judgment and decision making, is one of the world's most important thinkers. His ideas have had a profound impact on many fields-including business, medicine, and politics-but until now, he has never brought together his many years of research in one book.

In 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 and make choices. One system is fast, intuitive, and emotional; the other 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 behaviour. The importance of properly framing risks, the effects of cognitive biases on how we view others, the dangers of prediction, the right ways to develop skills, the pros and cons of fear and optimism, the difference between our experience and memory of events, the real components of happiness-each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.

Drawing on a lifetime's experimental experience, 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 professional 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 take decisions and experience the world.


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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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4.6 out of 5 stars (40 customer reviews)
 
 
 
 
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83 of 88 people found the following review helpful:
5.0 out of 5 stars Quick thinking, 12 Nov 2011
By 
Hande Z (Singapore) - See all my reviews
(TOP 1000 REVIEWER)   
This review is from: Thinking, Fast and Slow (Hardcover)
Daniel Kahneman has produced an excellent book. He continues to build and expand on the famous paper he and Amos Tversky published in 1974 ("Judging Under Uncertainty", a copy of which is usefully appended to this book) and has since spawned innumerable books on the theme (eg Wray Herbert's "On Second Thought"), and even related themes like Nassim Taleb's "Black Swan". "Thinking Fast and Slow" is not a textbook; it is intended for the layman who wants to have a clear and deep understanding of man's cognitive functions. Most of Kahneman's studies will amaze readers not familiar with this subject. For example, when tested, it is still remarkable that the clinical judgments of trained professionals are less accurate than statistical predictions based on a few scores or ratings. Hence counsellors who interviewed students were less accurate in their predictions on the students' performance than statistical predictions using only a few denominators such as High School grades and aptitude test results. The reason Kahneman, a psychologist, was awarded the Nobel Prize in economics was that his (and Tversky's) thesis was applied by economists to understand why economic and financial predictions so often go wildly wrong when they were (or so it was believed) so carefully and rationally made.

This review also hopes to point readers to a book I read as a student in 1967. It's called "Straight and Crooked Thinking" by R H Thouless. That book has so many similar points and Thouless was a teaching psychologist from Cambridge University in the UK. Although Thouless' book concerns flaws in the use of language and logic in thinking, it also discusses the effect of hidden bias and prejudice. Straight and Crooked Thinking has just been published in the 5th edition by R H Thouless' grandson, C R Thouless. The first was published in 1930. Kahneman's book will likely be as long lived.
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67 of 79 people found the following review helpful:
5.0 out of 5 stars Disbelief is not an option, 10 Nov 2011
By 
Sphex (London) - See all my reviews
(TOP 500 REVIEWER)   
This review is from: Thinking, Fast and Slow (Hardcover)
And neither, for me, is dislike of this wonderful book an option. By the time Daniel Kahneman reassures the reader that the results of the various priming studies he has just been discussing are neither made up nor statistical flukes - and that "disbelief is not an option" - I was more than ready to take this as an avuncular and not an inquisitorial admonition. There is a warmth in the writing, and not only from scholarly passion for the subject. As well as being a masterly exploration of a fascinating part of human nature, this book is a tribute to a remarkable collaboration with Amos Tversky, and dedicated to his memory. That his name does not appear in the formal acknowledgements at the end of the book is no oversight: his spirit infuses the text, surfacing every so often in the plural subject "Amos and I" as Kahneman describes with relish some piece of scientific research they conducted together.

In a book that exposes errors we often don't realize we're making, it is fitting that the author himself fesses up. Kahneman admits that early in his career, like many psychologists, he was often guilty of choosing samples that were too small, getting results that made no sense and which - it eventually dawned on him - were actually artifacts of his research method: "My mistake was particularly embarrassing because I taught statistics and knew how to compute the sample size that would reduce the risk of failure". He learned to be wary of intuition and tradition, and, unlike most psychologists, went on to collect a Nobel prize, for work done with Tversky on judgment under uncertainty and prospect theory (published in two widely cited papers that are reproduced as appendixes).

Truly random errors can't be predicted, of course. The human mind, however, is somewhat more accommodating to scientific study in that it distorts reality in systematic ways, and these errors - or biases - "recur predictably in particular circumstances". A recurrent theme of the book centres on one particularly strong bias, towards causal explanations and away from statistical analysis. People "are prone to apply causal thinking inappropriately, to situations that require statistical reasoning". One clue to this tendency is that while even children are good intuitive grammarians, pretty much all adults (including professional statisticians) are poor intuitive statisticians. We prefer stories to sets of data, agency over chance, and we care more about coherence than either the quantity or quality of the data on which the story is based.

For someone who warns us to beware of stories, Kahneman's is a compelling narrative, at the heart of which are two characters who in turn entertain and exasperate, who sometimes work well together and who are sometimes in conflict, but without whom we would not be human. They go by the prosaic labels System 1 and System 2 and are vital for understanding how we make judgements and decisions.

In brief, the automatic System 1 and the effortful System 2 "respectively produce fast and slow thinking". System 1 is brilliant at identifying causal connections between events, while System 2, your conscious self, is the part of the mind that can concentrate on thinking a problem through. System 1 is always on, generating "intuitive feelings and opinions about almost everything that comes your way", and while it is never stumped it is "gullible and biased to believe". Given these aspects of System 1's character, the "laziness of System 2 is an important fact of life": System 2 ("in charge of doubting and unbelieving") could step in to stop you jumping to an unwarranted conclusion. It often fails to intervene, however, because it's often terribly busy and finds it hard to multitask. Besides, following "our intuitions is more natural, and somehow more pleasant, than acting against them". As for attitudes, "System 2 is more of an apologist for the emotions of System 1 than a critic of those emotions - an endorser rather than an enforcer".

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

My guess is that regression to the mean has not set many pulses racing (examinations apart), and yet it provided Kahneman with "one of the most satisfying eureka experiences" of his career, when he "stumbled onto a significant fact of the human condition: the feedback to which life exposes us is perverse. Because we tend to be nice to other people when they please us and nasty when they do not, we are statistically punished for being nice and rewarded for being nasty." Performance varies, and the chance element will both regress to the mean and be ignored: a golfer who has a good first day in a competition is likely to do less well on the second (despite all the praise), and a golfer who has a bad first day is likely to improve (despite all the flak). Most spectators and commentators ignore statistics and rely on intuition to predict the scores on the second day, and as a result will "tend to be overconfident and overly extreme". It goes without saying that golf tournaments are not the only situations when intuitive predictions "need to be corrected because they are not regressive and therefore are biased".

This book will be of interest to anyone who has woken up this morning, and is therefore experiencing, first hand, the push and pull of fast and slow thinking. Psychologists, however, should be warned about a potentially demoralizing conclusion: despite Kahneman's evident enthusiasm for his subject, it seems "that teaching psychology is mostly a waste of time". Reading this book most certainly isn't, although I do have a couple of further health warnings regarding this review: (a) I haven't quite finished reading the whole book and (b) I've just begun a chapter entitled "The Illusion of Understanding"...
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26 of 31 people found the following review helpful:
3.0 out of 5 stars A huge mass of information about the brain and its psychology, 18 Dec 2011
By 
H Jackson (England) - See all my reviews
(VINE VOICE)   
Customer review from the Amazon Vine™ Programme (What's this?)
If you're a fan of psychology books, you've probably heard of Daniel Kahneman. The guy has a Nobel Prize in economics, making him one of the most famous living psychologists around. He knows what he's talking about and fills this book with a huge amount of information about how the mind works.

The central thesis of the book is that we humans are almost two separate entities. One side of us is instinctive, impulsive and relies on making fast judgements and quick impressions. The other side of us is more deliberate and allows us to (sometimes) overrule this more gutsy side of us. Throughout the book, Kahneman provides study after study after study to illustrate these two side of the mind.

Unfortunately, I found the book more long-winded and meandering than I would have liked. Kahneman provides lots and lots of examples, but sometimes goes into too much detail or swamps us with too much information. Occasionally, for example, the book comes across slightly more as a memoir that would be interesting for him to have written rather than a book that is aimed at educating and entertaining a wide readership.

In addition, Kahneman may be a highly decorated scientist, but he's not a natural writer. He assembles sentences with clauses and sub-clauses that sometimes hamper their comprehension. That doesn't mean that I didn't understand the book, but I did sometimes have to read sentences several times to get precisely the point that he was making.

For content, this book cannot be beaten. There's a huge amount in this hefty book. But the fact that it is so comprehensive made it (for me) a less enjoyable read. In trying to squeeze absolutely everything about the brain and mind into one book, I felt that there was too much to take in. Taking some of the content OUT to make the book more focused would have made it a more enjoyable read in my personal opinion.

Other psychologists have covered similar ground in an easier-to-read fashion, including Richard Wiseman 59 Seconds: Think a little, change a lot, Rob Yeung I is for Influence: The new science of persuasion: Mastering the Art of Influence, Daniel Pink Drive: The Surprising Truth About What Motivates Us and Daniel Nettle Personality: What makes you the way you are.
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