Thinking Fast and Slow (part 1)

Thinking, Fast and Slow - by Daniel Kahneman This book is the bible of human behavioural psychology. Author Daniel Kahneman won the 2002 Nobel Prize due to his work on Prospect Theory, a big part of this book. The book is so dense we'll need to cover it over two episodes. This week we will learn about: System 1 - which operates automatically and efficiently, System 2 - which allocates attention to effortful activities.   And - that our brain has limited resources making us irrational, and prone to biases such as: - the law of small numbers - anchors - availability - base rate neglect - Linda effect - regression to the mean.   Thinking Fast and Slow features highly in our top 50, for the full list download for free at: www.whatyouwilllearn.com/top50 Grab a copy of the book here: https://www.bookdepository.com/Thinking--Fast-and-Slow/9780141033570/?a_aid=adamsbooks      See acast.com/privacy for privacy and opt-out information.

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