Thinking, Fast and SlowMajor New York Times bestseller |
From inside the book
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... ILLUSION OF UNDERSTANDING THE ILLUSION OF VALIDITY INTUITIONS VS. FORMULAS EXPERT INTUITION: WHEN CAN WE TRUST IT? THE OUTSIDE VIEW THE ENGINE OF CAPITALISM PART IV. CHOICES BERNOULLI'S ERRORS PROSPECT THEORY THE ENDOWMENT EFFECT BAD ...
... illusion of certainty. The focus of part 4 is a conversation with the discipline of economics on the nature of decision making and on the assumption that economic agents are rational. This section of the book provides a current view ...
... ILLUSIONS To appreciate the autonomy of System 1, as well as the distinction between impressions and beliefs, take a good look at figure 3. This picture is unremarkable: two horizontal lines of different lengths, with fins appended ...
... illusion. As you can easily confirm by measuring them with a ruler, the horizontal lines are in fact identical in length. Now that you have measured the lines, you—your System 2, the conscious being you call “I”—have a new belief: you ...
... illusion—a cognitive illusion—and I (System 2) was taught how to recognize it and advised not to believe it or act on it. The question that is most often asked about cognitive illusions is whether they can be overcome. The message of ...