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Author: Daniel Kahneman

Narrator: Ryan

Format: MP3

IBSN: 9780374275631

Language: English

Publish Date: 25/10/2011

Audiobook length: 31 min

Thinking, Fast and Slow Summary Audiobook

Chapter 1Overview
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Chapter 2System 1 makes judgments based on intuition
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Chapter 3System 1 is inept at making statistical judgments
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Chapter 4We are not rational Econs
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Chapter 5Summary&Review
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Why listen to Thinking, Fast and Slow

Listening to the summary audiobook of "Thinking, Fast and Slow" by Daniel Kahneman offers a valuable opportunity to grasp the fundamental concepts of human decision-making and cognitive biases in an efficient format. Kahneman, a Nobel laureate, presents complex psychological theories with clarity, highlighting the dichotomy between our fast, intuitive thinking and slower, deliberate reasoning. This insightful overview not only enhances our understanding of how we think but also equips us with tools to recognize and mitigate errors in judgement, making it a practical resource for personal and professional growth.

Author : Daniel Kahneman

Daniel Kahneman is a psychologist and a pioneer in behavioral economics. He was awarded the 2002 Nobel Memorial Prize in Economic Sciences for bringing psychology and economics together to better understand how humans make decisions under uncertainty. His research has covered social psychology, cognitive science, and behavioral economics. Documenting his pioneering findings in these fields, the 2011 book Thinking, Fast and Slow is an ensemble of Kahneman’s finest works.

Key Insights from Thinking, Fast and Slow

  • The book explores the dichotomy between two modes of thinking: System 1, which is fast, intuitive, and emotional, and System 2, which is slower, more deliberate, and logical. Understanding these systems can help us recognize our cognitive biases and improve our decision-making processes.
  • Kahneman highlights the concept of heuristics, mental shortcuts that ease the cognitive load of decision-making, but can lead to systematic errors. These biases, such as anchoring and availability, often skew our perception of reality and influence our choices without us realizing it.
  • The author emphasizes the impact of loss aversion, where the pain of losing is felt more acutely than the pleasure of gaining. This psychological principle explains why people often make irrational choices that contradict their best interests, favoring the avoidance of loss over potential gains.
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