Thinking, Fast and Slow by Daniel KahnemanIn 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.
Thinking, Fast and Slow by Daniel Kahneman l Summary & Study Guide
System 1 of your brain operates speedily and automatically, while System 2 is slow and requires a great deal of mental energy to process complex mental activities. System 1 and System 2 work together. All of these mental calculations occur automatically and require very little or no effort. System 1 also includes innate skills, or those we share with other animals, such as being prepared to perceive the world, avoiding losses, recognizing objects, and fearing spiders. Many more we acquire through practice and learned associations and abilities, such as knowing the capital of New York, reading, and interpreting social situations.
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