Thinking Fast and Slow

    Thinking Fast and Slow  (English, Paperback, Daniel Kahneman)

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    Highlights
    • Language: English
    • Binding: Paperback
    • Publisher: PENGUIN UK
    • ISBN: 9781846146060, 1846146062
    • Edition: 2011
    • Pages: 512
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    Description

    Thinking Fast And Slow, by Daniel Kahneman, is an in-depth examination of how the human brain functions in the act of decision making, using the author’s prospect theory.

    Summary Of The Book

    In Thinking Fast And Slow, readers will have the opportunity to delve deep into how the brain functions and makes decisions.
    Kahneman developed the prospect theory which states that people make decisions based on how much they stand to lose or gain, and not on the final result. This was a groundbreaking theory in behavioral economics as it directly challenged the long standing utility theory.

    Thinking Fast And Slow begins with Kahneman stating that the brain generates thoughts in two ways, System 1 and System 2. The first system started automatically, was used frequently and subconsciously, and was emotional. System 2 on the other hand, operated slowly, consciously, and rationally. Kahneman maintained that most people like to assume that they are governed by the second system, which is not the case. It is System 1 that is the dominant force, which makes the big decisions, and influences thoughts and judgements. It is only by understanding both systems that people will comprehend why they do what they do. 

    In the following section, titled Heuristics and Biases, the author offers explanations as to why people have a difficult time with thinking statistically. Kahneman states that by thinking heuristically, people tend to think of similar cases to the situation at hand, rather than new ways of resolving the matter. He mentions several biases such as anchoring, availability, substitution, framing, and sunk-cost, which impact people’s way of thinking.

    In the section titled Choices, Kahneman offers suggestions as to how readers can avoid many of the shortcomings of System 1. In the final chapter, titled Happiness and Rationality, Kahneman suggests that conceptual biases exist in human thought because it is adaptive, and leads to happiness, which is preferred by our thinking process.

    Thinking Fast And Slow won the L. A. Times Book Prize in 2011.

    About Daniel Kahneman

    Daniel Kahneman is an author, and psychologist, whose research interests focus on judgment, decision making, and behavioral economics. He has also authored Choices, Values And Frames, International Differences In Well-Being, and Well-Being: Foundations in Hedonic Psychology.

    He was born in 1934 in Tel Aviv. Kahneman holds a BSc degree from Hebrew University of Jerusalem and completed his doctorate in Psychology from the University of California, Berkeley. In 2002, he received the Nobel Memorial Prize in Economic Sciences for his work on Prospect Theory. He is currently a Professor Emeritus in the Department of Psychology, at Princeton University. Kahneman is married to Anne Treisman, who is a psychology professor at Princeton University.

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    Specifications
    Book Details
    • Imprint
      • PENGUIN
    • Publication Year
      • 2011
    Contributors
    • Author
      • Daniel Kahneman
    Dimensions
    • Weight
      • 576 grms
    Frequently Bought Together
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    Thinking Fast and Slow
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    Ratings and Reviews
    4.4
    569 Ratings &
    78 Reviews
    • 5
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    • 4
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    • 3
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    • 2
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    • 1
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    1

    Horrible

    Content is good but poor paper quality
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    Flipkart Customer

    Certified Buyer

    18 Jan, 2018

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    3

    Does the job

    quality is not good as thought .if you want to buy original book than go with filpkert assured version of the book
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    Kunal Roy

    Certified Buyer

    15 Jan, 2018

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    1

    Neither book nor content useful

    Not for common reading purposes, it seem a resource type book, not lucid, not easy comprehending.., and penguin edition is useless, rough paper rough binding. In a word do not buy!!! Thanks Flipkart for early delivery and instant refund .
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    Vinod Kumar

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    7 Jan, 2018

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    1

    Worst experience ever!

    Book is excellent the package is not so good
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    Surjya Basumatary

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    1 Jan, 2018

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    1

    100 rupaiye me sadak pe milne vali kitab

    Dark pages. Poor print and paper quality.
    Cannot be read
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    Bhavika

    Certified Buyer

    25 Dec, 2017

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    4

    Nice product

    Product is not genuine as the page quality is not that good and printing is also upto mark
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    Nikhil Kumar

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    17 Dec, 2017

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    4

    Nice product

    The bounding and paper quality is too low was not like original book it's absolutely a second copy.Its a very useful book for newbies
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    Arshad Ahamed

    Certified Buyer

    31 Oct, 2017

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    2

    Fair

    Paper quality not good.the binding is not good.pages may come out while long use.
    But considering the price .it's reasonable .
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    Amit Sharma

    Certified Buyer

    24 Oct, 2017

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    5

    Worth every penny

    Good quality
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    Imampasha Shaik

    Certified Buyer

    17 Oct, 2017

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    5

    Awesome

    A good read
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    Akshya Puri

    Certified Buyer

    16 Oct, 2017

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    Questions and Answers
    Q:can we see the photoes inside the book?
    A:There is spelling mistake in your question photo'e's ,, the answer is yes. On chapter 28
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