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NY Times Best Seller - Non Fiction June 22, 2014
   
Thinking, Fast and Slow
by Daniel Kahneman

Overview - Major "New York Times" bestsellerWinner of the National Academy of Sciences Best Book Award in 2012Selected by the "New York Times Book Review" as one of the best books of 2011A "Globe and Mail" Best Books of the Year 2011 TitleOne of "The Economist"'s 2011 Books of the Year One of "The Wall Street Journal"'s Best Nonfiction Books of the Year 20112013 Presidential Medal of Freedom Recipient

In the international bestseller, "Thinking, Fast and Slow," Daniel Kahneman, the renowned 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.  Read more...


 
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More About Thinking, Fast and Slow by Daniel Kahneman
 
 
 
Overview
Major "New York Times" bestsellerWinner of the National Academy of Sciences Best Book Award in 2012Selected by the "New York Times Book Review" as one of the best books of 2011A "Globe and Mail" Best Books of the Year 2011 TitleOne of "The Economist"'s 2011 Books of the Year One of "The Wall Street Journal"'s Best Nonfiction Books of the Year 20112013 Presidential Medal of Freedom Recipient

In the international bestseller, "Thinking, Fast and Slow," Daniel Kahneman, the renowned 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. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by "The New York Times Book Review" as one of the ten best books of 2011, Thinking," Fast and Slow" is destined to be a classic.


 
Details
  • ISBN-13: 9780374275631
  • ISBN-10: 0374275637
  • Publisher: Farrar Straus Giroux
  • Publish Date: October 2011
  • Page Count: 499


Related Categories

Books > Psychology > Cognitive Psychology & Cognition
Books > Business & Economics > Decision Making & Problem Solving

 
Publishers Weekly Reviews

Publishers Weekly® Reviews

  • Reviewed in: Publishers Weekly, page .
  • Review Date: 2011-10-03
  • Reviewer: Staff

The mind is a hilariously muddled compromise between incompatible modes of thought in this fascinating treatise by a giant in the field of decision research. Nobel-winning psychologist Kahneman (Attention and Effort) posits a brain governed by two clashing decision-making processes. The largely unconscious System 1, he contends, makes intuitive snap judgments based on emotion, memory, and hard-wired rules of thumb; the painfully conscious System 2 laboriously checks the facts and does the math, but is so "lazy" and distractible that it usually defers to System 1. Kahneman uses this scheme to frame a scintillating discussion of his findings in cognitive psychology and behavioral economics, and of the ingenious experiments that tease out the irrational, self-contradictory logics that underlie our choices. We learn why we mistake statistical noise for coherent patterns; why the stock-picking of well-paid investment advisers and the prognostications of pundits are worthless; why businessmen tend to be both absurdly overconfident and unwisely risk-averse; and why memory affects decision making in counterintuitive ways. Kahneman's primer adds to recent challenges to economic orthodoxies about rational actors and efficient markets; more than that, it's a lucid, marvelously readable guide to spotting—and correcting—our biased misunderstandings of the world. Photos. (Nov.)

 
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