Thinking, Fast and Slow by Daniel Kahneman - Best Selling Book

AMAZON.COM AMAZON.IN OTHERBOOKS

Thinking, Fast and Slow by Daniel Kahneman

Table of Contents

Introduction

Part I. Two Systems

1. The Characters of the Story

2. Attention and Effort

3. The Lazy Controller

4. The Associative Machine

5. Cognitive Ease

6. Norms, Surprises, and Causes

7. A Machine for Jumping to Conclusions

8. How Judgments Happen

9. Answering an Easier Question

Part II. Heuristics and Biases

10. The Law of Small Numbers

11. Anchors

12. The Science of Availability

13. Availability, Emotion, and Risk

14. Tom W’s Specialty

15. Linda: Less is More

16. Causes Trump Statistics

17. Regression to the Mean

18. Taming Intuitive Predictions

Part III. Overconfidence

19. The Illusion of Understanding

20. The Illusion of Validity

21. Intuitions Vs. Formulas

22. Expert Intuition: When Can We Trust It?

23. The Outside View

24. The Engine of Capitalism

Part IV. Choices

25. Bernoulli’s Errors

26. Prospect Theory

27. The Endowment Effect

28. Bad Events

29. The Fourfold Pattern

30. Rare Events

31. Risk Policies

32. Keeping Score

33. Reversals

34. Frames and Reality

Part V. Two Selves

35. Two Selves

36. Life as a Story

37. Experienced Well-Being

38. Thinking About Life

Two Systems

Psychologists have been intensely interested in several decades in the two modagee fi Pn=" cees of thinking evoked by the picture of the angry woman and by the multiplication problem, and have offered many labels for them. I adopt terms originally proposed by the psychologists Keith Stanovich and Richard West and will refer to two systems in the mind, System 1 and System 2.

• System 1 operates automatically and quickly, with little or no effort and no sense of voluntary control.
• System 2 allocates attention to the effortful mental activities that demand it, including complex computations. The operations of System 2 are often associated with the subjective experience of agency, choice, and concentration.

In rough order of complexity, here are some examples of the automatic activities that are attributed to System 1:

• Detect that one object is more distant than another.
• Orient to the source of a sudden sound.
• Complete the phrase “bread and…”
• Make a “disgust face” when shown a horrible picture.
• Detect hostility in a voice.
• Answer to 2 + 2 = ?
• Read words on large billboards.
• Drive a car on an empty road.
• Find a strong move in chess (if you are a chess master).
• Understand simple sentences.
• Recognize that a “meek and tidy soul with a passion for detail” resembles an occupational stereotype.

The highly diverse operations of System 2 has one feature in common: they require attention and are disrupted when attention is drawn away. Here are some examples:

• Brace for the starter gun in a race.
• Focus attention on the clowns in the circus.
• Focus on the voice of a particular person in a crowded and noisy room.
• Look for a woman with white hair.
• Search memory to identify a surprising sound.
• Maintain a faster walking speed than is natural for you.
• Monitor the appropriateness of your behavior in a social situation.
• Count the occurrences of the letter an in a page of text.
• Tell someone your phone number.
• Park in a narrow space (for most people except for garage attendants).
• Compare two washing machines for overall value.
• Fill out a tax form.
• Check the validity of a complex logical argument.

If you want to read this book you can buy from the above-given link.

Keep Reading and Grow. Thank You. Visit Again.

author/Daniel Kahneman