Thinking, Fast and Slow
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CHOICES BERNOULLI'S ERRORS PROSPECT THEORY THE ENDOWMENT EFFECT BAD EVENTS THE FOURFOLD PATTERN RARE EVENTS RISK POLICIES KEEPING SCORE REVERSALS FRAMES AND REALITY PART V. TWO SELVES TWO SELVES LIFE AS A STORY EXPERIENCED WELL-BEING ...
Here again, as in judgment, we observed systematic biases in our own decisions, intuitive preferences that consistently violated the rules of rational choice. Five years after the Science ar- ticle, we published “Prospect Theory: An ...
This section of the book provides a current view, informed by the two-system model, of the key concepts of prospect theory, the model of choice that Amos and I published in 1979. Subsequent chapters address several ways human choices ...
The second, published in 1984, summarizes prospect theory as well as our studies of framing effects. The articles present the contributions that were cited by the Nobel committee—and you may be surprised by how simple they are.
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LibraryThing ReviewUser Review - PattyLee - LibraryThing
OK, I won't lie to you. Caveats first. I was an English major and I love science. Math, not so much. A couple of the chapters near the end of the book had my eyes crossing, but I did not give up and ... Read full review
LibraryThing ReviewUser Review - rynk - LibraryThing
A Nobel economist pulls together decades of research in psychology for a big tome with a simple point. We have two brains, one impulsive and one analytical, but both always at work. Professor Kahneman ... Read full review