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    Summary and Analysis of Thinking, Fast and Slow: Based on the Book by Daniel Kahneman
    Summary and Analysis of Thinking, Fast and Slow: Based on the Book by Daniel Kahneman
    Summary and Analysis of Thinking, Fast and Slow: Based on the Book by Daniel Kahneman
    Ebook44 pages33 minutes

    Summary and Analysis of Thinking, Fast and Slow: Based on the Book by Daniel Kahneman

    By Worth Books

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    About this ebook

    So much to read, so little time? This brief overview of Thinking, Fast and Slow tells you what you need to know—before or after you read Daniel Kahneman’s book.

    Crafted and edited with care, Worth Books set the standard for quality and give you the tools you need to be a well-informed reader.
     
    This short summary of Thinking, Fast and Slow by Daniel Kahneman includes:
     
    • Historical context
    • Part-by-part summaries
    • Detailed timeline of key events
    • Important quotes
    • Fascinating trivia
    • Glossary of terms
    • Supporting material to enhance your understanding of the source work
     
    About Thinking, Fast and Slow by Daniel Kahneman:
     
    Nobel Prize–winning psychologist Daniel Kahneman explores the mysteries of intuition, judgment, bias, and logic in the international bestseller Thinking, Fast and Slow. His award-winning book explains the different ways people think, whether they’re deciding how to invest their money or how to make friends.
     
    Kahneman’s experiments in behavioral economics, in collaboration with cognitive psychologist Amos Tversky, led to a theory of two systems of thought: the fast thinking used when ducking a blow, and slow thinking that’s better employed for making major life decisions.
     
    Applying these psychological concepts to different facets of our lives, Kahneman demonstrates how to better understand your own decision-making, and the choices made by others.
     
    The summary and analysis in this ebook are intended to complement your reading experience and bring you closer to great work of nonfiction.
    LanguageEnglish
    PublisherOpen Road Integrated Media
    Release dateJan 24, 2017
    ISBN9781504043717
    Summary and Analysis of Thinking, Fast and Slow: Based on the Book by Daniel Kahneman
    Author

    Worth Books

    Worth Books’ smart summaries get straight to the point and provide essential tools to help you be an informed reader in a busy world, whether you’re browsing for new discoveries, managing your to-read list for work or school, or simply deepening your knowledge. Available for fiction and nonfiction titles, these are the book summaries that are worth your time.  

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    Book preview

    Summary and Analysis of Thinking, Fast and Slow - Worth Books

    Contents

    Context

    Overview

    Summary

    Timeline

    Direct Quotes and Analysis

    Trivia

    What’s That Word?

    Critical Response

    About Daniel Kahneman

    For Your Information

    Bibliography

    Copyright

    Context

    Originally published in 2011, Thinking, Fast and Slow encapsulates approximately thirty years of psychologist Daniel Kahneman’s work in behavioral economics and social and cognitive psychology. In the early 1970s, Kahneman and his research partner, Amos Tversky, began working to expose cognitive biases inherent to the human mind, particularly in the context of economic choices.

    In 2002, Kahneman won the Nobel Prize in Economic Sciences for the work that became this book (Tversky died in 1996), which is especially notable because Kahneman is not an economist. Thinking, Fast and Slow is, in part, a long-form explanation of his Nobel Prize–winning work, geared toward laypeople and experts alike. The book also includes the author’s work on judgment heuristics, which expands upon concepts discussed in Kahneman and Tversky’s groundbreaking Judgment Under Uncertainty: Heuristics and Biases, originally published in the journal Science in 1974.

    With awareness of the two kinds of thinking we do—fast and slow—readers will learn how to better understand their own decision making and the choices made by others.

    Overview

    In this book, readers learn how both the automatic and the more rational thought processes of the brain work. We see that our natural human reason actually causes us to engage in various fallacies and systematic errors. Therefore, in order to make better decisions and formulate superior solutions to problems—as individuals, as businesses, and as societies—we must be able to identify and understand these biases, and learn to deal with them.

    Summary

    Part 1: Two Systems

    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.

    Here are some examples of automatic activities attributed to System 1:

    Detect if one object is more distant than another

    Complete simple math equations, like 1 + 1 = ?

    Smile when shown an image of puppies

    Complete the phrase, salt and …

    Orient to the source of a sound

    Swat a mosquito

    Drive on an empty road

    Recognize

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