Relying on his insights in psychology, Kahneman combines human behavior and economics and is committed to using his own observations to overturn the theoretical premise in mainstream economics that humans are creatures that make "reasonable choices." In this book, we get a quick and easy look at Kahneman's claim in his legendary book Thinking, Fast and Slow, that intuitive thinking often distorts our choices. Although human beings are generally rational, this rationality is somewhat flawed.
Reader comments
I especially hate the self-righteous decision-makers in the book who always make the wrong choices based on their gut feelings. However, it also makes us understand ourselves better and reminds us to think more when making decisions. Kahneman's theory is very inspiring and the content in the book is easy to understand. I recommend you read it!
Human beings are a combination of rationality and sensibility. Through this book, we can learn more about some seemingly rational solutions that always have exceptions or unwise choices, such as mental accounting, endowment effect, peak-end effect, and framing effect, to name a few. Let's achieve another kind of correction in economic behavior.
This is a good book
We talked about in Chapter 1 that there are two parts in the human thinking system: the first is System 1, which is the perceptual area that thinks quickly based on intuition; the other part is System 2, which is the rational area that thinks calmly and gets insights.
I especially hate the self-righteous decision-makers in the book who always make the wrong choices based on their gut feelings. However, it also makes us understand ourselves better and reminds us to think more when making decisions. Kahneman's theory is very inspiring and the content in the book is easy to understand. I recommend you read it!
Human beings are a combination of rationality and sensibility. Through this book, we can learn more about some seemingly rational solutions that always have exceptions or unwise choices, such as mental accounting, endowment effect, peak-end effect, and framing effect, to name a few. Let's achieve another kind of correction in economic behavior.
This is a good book
We talked about in Chapter 1 that there are two parts in the human thinking system: the first is System 1, which is the perceptual area that thinks quickly based on intuition; the other part is System 2, which is the rational area that thinks calmly and gets insights.
A very good book.