Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is slower, more deliberative, and more logical. Kahneman exposes the extraordinary capabilities – and also the faults and biases of fast thinking, and reveals the pervasive influence of intuitive impressionson our thoughts and behavior. He impact of loss aversion and overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the challenges of properly framing risksat work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation each of these can be understood only by knowing how the two systems shape our judgments and decisions.
He offers practical and enlightening insights into how choices are made in both business and in our personal lives – and how we can use different techniques.
To guard against the mental glitches that often get us into trouble.