*Major New York Times Bestseller
*More than 2.6 million copies sold
*One of The New York Times Book Review's ten best books of the year
*Selected by The Wall Street Journal as one of the best nonfiction books of the year
*Presidential Medal of Freedom Recipient
*Daniel Kahneman's work with Amos Tversky is the subject of Michael Lewis's best-selling The Undoing Project: A Friendship That Changed Our Minds
In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, world-famous 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. Topping bestseller lists for almost ten years, Thinking, Fast and Slow is a contemporary classic, an essential book that has changed the lives of millions of readers.
"It is an astonishingly rich book: lucid, profound, full of intellectual surprises and self-help value. It is consistently entertaining . . . So impressive is its vision of flawed human reason that the New York Timescolumnist 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.'"
--Jim Holt, The New York Times Book 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 . . . This is one of the greatest and most engaging collections of insights into the human mind I have read."
-- William Easterly, Financial Times
"I will never think about thinking quite the same. [ Thinking, Fast and Slow] is a monumental achievement."
-- Roger Lowenstein, Bloomberg/Businessweek
"Brilliant . . . It is impossible to exaggerate the importance of Daniel Kahneman's contribution to the understanding of the way we think and choose. He stands among the giants, a weaver of the threads of Charles Darwin, Adam Smith and Sigmund Freud. Arguably the most important psychologist in history, Kahneman has reshaped cognitive psychology, the analysis of rationality and reason, the understanding of risk and the study of happiness and well-being."
-- Janice Gross Stein, The Globe and Mail
"Everyone should read Thinking, Fast and Slow."
-- Jesse Singal, Boston Globe
"[ Thinking, Fast and Slow] is wonderful. 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
"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
"[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
"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
Table of Contents:
Introduction -- Part I. Two Systems -- 1. The Characters of the Story -- 2. Attention and Effort -- 3. The Lazy Controller -- 4. The Associative Machine -- 5. Cognitive Ease -- 6. Norms, Surprises, and Causes -- 7. A Machine for Jumping to Conclusions -- 8. How Judgments Happen -- 9. Answering an Easier Question -- Part II. Heuristics and Biases -- 10. The Law of Small Numbers -- 11. Anchors -- 12. The Science of Availability -- 13. Availability, Emotion, and Risk -- 14. Tom W's Specialty -- 15. Linda: Less is More -- 16. Causes Trump Statistics -- 17. Regression to the Mean -- 18. Taming Intuitive Predictions -- Part III. Overconfidence -- 19. The Illusion of Understanding -- 20. The Illusion of Validity -- 21. Intuitions vs. Formulas -- 22. Expert Intuition: When Can We Trust It? -- 23. The Outside View -- 24. The Engine of Capitalism -- Part IV. Choices -- 25. Bernoulli's Errors -- 26. Prospect Theory -- 27. The Endowment Effect -- 28. Bad Events -- 29. The Fourfold Pattern -- 30. Rare Events -- 31. Risk Policies -- 32. Keeping Score -- 33. Reversals -- 34. Frames and Reality -- Part V. Two Selves -- 35. Two Selves -- 36. Life as a Story -- 37. Experienced Well-Being -- 38. Thinking About Life -- Conclusions -- Appendix A. Judgment Under Uncertainty -- Appendix B. Choices, Values, and Frames -- No
Daniel Kahneman is Eugene Higgins Professor of Psychology Emeritus at Princeton University and a professor of public affairs at the Woodrow Wilson School of Public and International Affairs. He received the 2002 Nobel Prize in Economic Sciences for his pioneering work with Amos Tversky on decision-making. He is the author of the international bestseller Thinking, Fast and Slow.
Farrar, Straus & Giroux
Pub Date: April 02, 2013
1.4" H x 8.2" L x 5.4" W
512 pages
paperback