This website uses cookies to ensure you have the best experience. Learn more

Thinking Fast And Slow Book Review

756 words - 4 pages

The book that I chose for this book review is Thinking Fast and Slow by Daniel Kahneman. He is an Israeli-American psychologist and winner of the 2002 Nobel Prize in Economic Sciences. He is notable for his work on the psychology of judgment and decision-making, behavioral economics and hedonic psychology. The main thesis of the book is quite simple. When judging the world around us, we use two mental systems: Fast and Slow. The Fast system (System 1) is mostly unconscious and makes snap judgments based on our past experiences and emotions. When we use this system we are as likely to be wrong as we are to be right. The Slow system (System 2) is more rational, conscious and slow. They work ...view middle of the document...

People who achieve high degree of success are also exposed to a high degree of failure and the regression toward the mean may be due to this possible mirror effect. Spectacular success may go with spectacular failure and run-of-the-mill success may go with run-of-the-mill failure. Eventually everyone may regress toward the mean, but the ride can be very different. Chance does not account for that.
Furthermore, the theory has holes. It is argued that, since System 2 is where we conduct our rational choices, System 1 must therefore be irrational. And, since we are largely governed by System 1, our actions are based on non-rational processes. Yet, Kahneman neither explains how the different systems arise, nor does he examine what the systems are made up of. He simply shows that people think and make decisions in two different manners.
Since Kahneman's work has been so influential, a lot of the ideas presented in the book might not be new. Cognitive biases such as loss aversion, priming, and framing have all been presented and analyzed in nearly every Behavioral Economics book out there. On the other hand, while the ideas are not novel, it is rewarding to read an...

Other Papers Like Thinking Fast And Slow Book Review

Book Review: Bureaucracy: What Government Agencies Do And Why They Do It

1154 words - 5 pages Book Review Wilson, J, Q. (1989). Bureaucracy: What Government Agencies Do and Why They Do It. New York: Basic Books. pp 433. Introduction: This book about bureaucracy gained much attention in the field of public administration. Along within the field of bureaucracy this book was able to become the center of interest for general public as well. This is a valuable book. The book is very informative as it caters vast group of audience i.e

Book Review: John Ehle’s Trail of Tears: the Rise and Fall of the Cherokee Nation

1256 words - 6 pages Book Review: John Ehle’s Trail of Tears: The Rise and Fall of the Cherokee Nation The book Trail of Tears: The Rise and Fall of the Cherokee Nation by John Ehle is a book about the Cherokee Indians and the suffering they endured during the late 1830s. Ehle wrote a book that was more than just a documentation of what happened on the Trail of Tears; he wrote a detailed documentation of Native American history. It centered more around the

Film and Book Review: Macbeth

1089 words - 5 pages film director shows how brutally Macbeth kills Duncan and stabs him more than twenty times in his chest. This changes the way audience thinks about Macbeth in the play and film and shows more sympathy for Macbeth in play than film. Para change Therefore even though the play and film are based on many alike things but the film changes the way of thinking of the audience for theme. Plot and characterization.

Dating and Single Parent Book Review

1670 words - 7 pages Christians, for the most part there are topics that must be addressed regardless of spiritual affiliation. Deal (2012), covered issues from first time date and ends with renewed nuptials or reconciliation of old marriages. Most couples never discuss many of the topics addressed in the book, and there is a clear connection for couples that avoided dealing with particular areas until after marriage. Dating and the Single Parent is a monumental breakthrough

Movie and Book Review in Filipino

2369 words - 10 pages mga lugar na pinagkunan ng mga eksena hanggang sa mga awiting maririnig sa mga madadramang eksena ay naging angkop naman sa mga dapat maganap at nagaganap.               Dahil sa kagandahan ng pagkakabuo ng pelikulang, ito ay nanalo ito ng maraming karangalan patunay lamang na ito ay isang makabuluhang palabas. Sana ay makagawa pa ng iba pang pelikula na may ganito kagandang produksyon at pagkakaganap ng mga tauhan. Book Review Sa

Of Mice And Men Essay - Overall Book Review Accounting Characters, Attitudes And Depression

1999 words - 8 pages at the beginning of the book as a big character who is 'as strong as a bull'.Lennie appears in every chapter and the novella revolves around him and what he does. Lennie sluggishly trails behind and is described as an animal "...and he walked heavily, dragging his feet a little, the way a bear drags his paws...Slowly, like a terrier who doesn't want to bring a ball to its master, Lennie approached, drew back, approached again." Lennie also

Off The Wall Album Review

1908 words - 8 pages other artists music for years to come ( Another major solo hit was “She’s Out Of My Life”. This song is very different from the other 3 solo hits. It is a tear jerking song about a lost love and is much slower and calmer. The other hits were full of pops, fast beats, electronic zaps, and Jackson’s famous “He-Hee” and “owwwws”. This song has a beautiful slow piano in the background that really sooths you and calms you down. It was a

The 7 Habits

2602 words - 11 pages The Writing Center Book Reviews Like 17 people like this. What this handout is about This handout will help you write a book review, a report or essay that offers a critical perspective on a text. It offers a process and suggests some strategies for writing book reviews. What is a review? A review is a critical evaluation of a text, event, object, or phenomenon. Reviews can consider books, articles, entire genres or fields of

Fast Food Nation

924 words - 4 pages food too. So when we had to choose one among four non fiction books in my English class, without thinking twice, I chose “Fast Food Nation: The dark side of the All American Meal” by Eric Schlosser, because it directly related to my eating habits. After I read the book, I was not disappointed with the way the author presented the information. Even though we were given a relatively long period of time in order to read the book, I finished it in one

Shortening Lead-Times to Create an Agile Supply Chain for Esprit

5779 words - 24 pages industry: a pilot study of the European textile and clothing industry, Journal of the Textile Institute, Vol.98 Iss: 4, pp.377-86 Vertica, B. and Ann, F. (2010), Fast fashion: response to changed in the fashion industry, The International Review of Retail, Distribution and Consumer Research, Vol.20 Iss:1, pp.165-173


2453 words - 10 pages free to go to this area whenever they wish to study. 3. Determine the amount of time to spend in studying. * You must help students recognize that the amount of time they spend will depend on the subject and how well they know it. It is unrealistic to set up a hard and fast rule about the amount of time to study in a specific subject because the amount of time will vary. * You should help students understand the concept of over learning

Related Essays

Thinking, Fast And Slow Essay

713 words - 3 pages processes inputs and information instead of acting purely on intuition and natural inclination. This part of the brain is usually responsible for helping us solve computational problems and serves as the “hub” for most of the critical thinking we do. In the first chapter of Thinking, Fast and Slow, Kahneman claims that these two systems of the brain are analogous to two characters or personalities that are always competing with one another. He

Think Fast And Slow Essay

732 words - 3 pages PENSAR RÁPIDO, PENSAR DESPACIO Libro del autor Daniel Kahneman, nacido en Tel Aviv en 1934; catedrático de psicología y ganador de Premio Nobel de Economía en 2002. Se hizo acreedor a este merecimiento por sus investigaciones de psicología en ciencias matemáticas. Pensar rápido, pensar despacio; es un libro que trata los juicios y la toma de decisiones de las personas. El libro se basa en el Sistema 1 y el Sistema 2, ¿Qué representa

Movie And Book Review

2043 words - 9 pages Nair and starring Kal Penn as Gogol and Bollywood stars Tabu and Irrfan Khan as his parents. Book Review The Namesake overflows with the subtle grace and dignity of a family forced to make peace with their divided loyalties to India and America. In quiet yet compelling prose, Jhumpa Lahiri portrays the temperaments of the Calcutta-born parents, Ashima and Ashoke Ganguli, a pair tied to their Indian roots, customs and rituals. The traditionally

Book Review On Complexity And Contradictions In Architecture

881 words - 4 pages Tyrek Daniel Professor Genell Anderson History & Theory of Architecture II 2 April 2015 Book Review of Complexity and Contradictions in Architecture Robert Charles Venturi is an American architect, originator principal of the architecture firm Venturi, Scott Brown and Associates. He is also considered one of the foremost architectural dignitaries in the twentieth century dealing with post-modern architecture. Venturi worked in the field