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Thinking, Fast and Slow Paperback – 2 April 2013

by Daniel Kahneman PhD (Author)

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Major New York Times bestseller
Over two million copies sold
Selected by the New York Times Book Review as one of the ten best books of 2011
Selected by The Wall Street Journal as one of the best nonfiction books of 2011
2013 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.

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Product details

ISBN-10 : 0374533555
Paperback : 499 pages
ISBN-13 : 978-0374533557
Language: : English

Best Sellers Rank: 2,339 in Books (See Top 100 in Books)
- 8 in Applied Psychology
- 62 in Business Leadership Skills
- 161 in Science & Nature

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Amazon.com: 3,347 reviews

WSG01

If you just read the 12-page introduction, you'll get it

31 January 2019 - Published on Amazon.com

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A brilliant (indeed, Nobel Prize-winning) concept made unbearably tedious by endless case studies. Kahneman going on for over 400 pages about his two systems reminded me strongly of Bernard Shaw's comment on Darwin:

"If very few of us have read The Origin of the Species from end to end, it is not because it overtaxes our mind, but because we take in the whole case and are prepared to accept it long before we have come to the end of the innumerable instances and illustrations of which the book mainly consists. Darwin becomes tedious in the manner of a man who insists on continuing to prove his innocence after he has been acquitted. You assure him that there is not a stain on his character, and beg him to leave the court; but he will not be content with enough evidence to acquit him: he will have you listen to all the evidence that exists in the world."
Preface to Back to Methuselah, p. xlviii

309 people found this helpful

ahall

Repetitive

4 October 2017 - Published on Amazon.com

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First, for reasons explained below I would not buy this as an audio book.

I have mixed feelings about this book for various reasons. The first 200 pages (Part 1 and 2) are heavily focused on the author trying to convince the reader that it is better to think statistically rather than instinctively / intuitively. After stating countless studies to support his premise, the author (very briefly) in Chapter 21 admits that “formulas based on statistics or on common sense” are both good forms to develop valued algorithms – Doesn’t common sense fit into instinct or intuition? Later in the same chapter the author concedes that intuition adds value but only to the extent that the individual bases it off sufficient research. To me, the way most of the book was written, especially in Parts 1 and 2, was a little over the top. The chapters are short and each one cites at least one study that the author or someone else performed. It becomes example after example after example and redundant. The beginning chapters seem as if the author put a group of journal articles together to develop part of the book. Don’t get me wrong, many of the studies are really interesting and I find them very helpful, I just believe that it became a little redundant. However, there is some evidence that also says that many of the studies referenced in this book were not able to be reproduced, adding more speculation on the evidence supporting the author’s premise.

Furthermore, the book is very interactive with the reader and some parts are a little condescending. For example, in the Introduction, the author poses a question to the reader asking whether or not a personality description means the person in question is a farmer or a librarian. Rather than assuming that the multitude of readers may come up with different responses, the author states “Did it occur to you that there are more than 20 male farmers.” While I understand where the author was going with the question, the author presumed that the readers would only answer one way and this recurs throughout the book. Another example in Chapter 16 assumed that the reader came up with the wrong answer and even stated that the most common answer to this question is wrong, however, the author does not explain how to come up with the correct answer.

Since this book is very interactive, I wouldn’t purchase the audio book. I do have both the hard copy and the audio book and further noticed that there were a few mistakes between the hard copy and the audio. Sometimes the mistake was quite minimal such as words were flip-flopped but at the end of Chapter 17 the author asks a question which requires some thought and work by the reader. The total in the audiobook was completely off. Instead of stating the total at 81 million (as in the hard copy) the audio book read it as 61 million and the Total for another part of the question in the same example was 67.1 million in the audio book instead of 89.1 million as the hard copy stated.

All in all, a good part of the book is intriguing. The author clearly has conducted extensive research throughout his career and was able to present much of it in this book in a form that would be comprehensible to non-econ and non-psychology persons.

517 people found this helpful

James E. Lane

It helps us become aware of cognitive biases in other people, not in ourselves.

22 March 2018 - Published on Amazon.com

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This was a difficult but valuable book. However, some reviewers claim its value is in changing our mental habits. This is a mistake. The book is much too complex for that. Kahneman concludes the book stating that even he has not been able to do much to curb the instincts of intuition. The value of the book, he states, is to give people the vocabulary to spot biases and to criticize the decisions of others: “Ultimately, a richer language is essential to the skill of constructive criticism.” (pp. 417-8) I finished the book a few days ago and have found it useful in criticizing the writings of op-ed columnists. They are especially guilty of question substitution: substituting a question that is easy to answer for one that is almost impossible. For example, for the question what does the recent election of a certain politician mean for the Democrats, the pundit will answer the question of what is the politician’s personality and personal demeanor and then state that Democrats need to run candidates with this personality profile. Kahneman is not speaking to decision makers as much as he is to those who might offer constructive criticism to the deciders. He is not interested in individuals as much as he is in organizations. He wants to create communities that not only have better results but have a better decision making process. The best way to evaluate his work is to take some of his ideas and see if they work in whichever community you happen to find yourself. Do they improve your community's decision making process?

127 people found this helpful

Julie McMurry

Stunning, insightful, and timely

15 January 2017 - Published on Amazon.com

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As others have noted, this book is dense in places, but is tremendously important for decision making from the individual up through public policy. Even if you don't have the patience for all the chapters don't neglect the intro and conclusion. The TL;DR doesn't suffice but. 1) human beings are not pure rational agents, but rather complex interplay of automatic and thoughtful reasoning both of which can be right or wrong 2) maximizing happiness requires recognition of when we are in a cognitive minefield so that we can marshal the appropriate evidence and response 3) maximizing happiness is not even straightforward; it is the complex interplay between experienced and remembered happiness. This book is in my top 10 most influential of my life; highly recommended especially in tandem with Haidt's "Righteous Mind"; these two highly complementary books form a multidimensional mirror for the human condition. Only by seeing ourselves as we *are* can we go about the business of governing ourselves and our world.

128 people found this helpful

Etienne

Interesting but do not buy Kindle version

2 April 2017 - Published on Amazon.com

Verified Purchase

Content is interesting, but as other reviewers point out, do not buy the Kindle version, because links often don't work, and many images and footnotes seem to be lost.

243 people found this helpful

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