Major New York Times bestsellerWinner of the National Academy of Sciences Best Book Award in 2012Selected by the New York Times Book Review as one of the ten best books of 2011A Globe and Mail Best Books of the Year 2011 TitleOne of The Economist's 2011 Books of the Year One of The Wall Street Journal's Best Nonfiction Books of the Year 20112013 Presidential Medal of Freedom RecipientKahneman's work with Amos Tversky is the subject of Michael Lewis's The Undoing Project: A Friendship That Changed Our MindsIn the international bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions.Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.
Published by: Farrar, Straus and Giroux | Publication date: 10/25/2011Kindle book details: Kindle Edition, 528 pages
Winner of the Nobel Prize in EconomicsGet ready to change the way you think about economics.Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world.Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments.Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber.Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining.Shortlisted for the Financial Times & McKinsey Business Book of the Year Award
Published by: W. W. Norton & Company | Publication date: 05/11/2015Kindle book details: Kindle Edition, 434 pages
Un apasionante recorrido por el funcionamiento de la mente de la mano del padre de la psicología conductista y premio Nobel de Economía en 2002: Daniel Kahneman. Daniel Kahneman, uno de los pensadores más importantes del mundo, recibió el premio Nobel de Economía por su trabajo pionero en psicología sobre el modelo racional de la toma de decisiones. Sus ideas han tenido un profundo impacto en campos tan diversos como la economía, la medicina o la política, pero hasta ahora no había reunido la obra de su vida en un libro. En Pensar rápido, pensar despacio, un éxito internacional, Kahneman nos ofrece una revolucionaria perspectiva del cerebro y explica los dos sistemas que modelan cómo pensamos. El sistema 1 es rápido, intuitivo y emocional, mientras que el sistema 2 es más lento, deliberativo y lógico. Kahneman expone la extraordinaria capacidad (y también los errores y los sesgos) del pensamiento rápido, y revela la duradera influencia de las impresiones intuitivas sobre nuestro pensamiento y nuestra conducta. El impacto de la aversión a la pérdida y el exceso de confianza en las estrategias empresariales, la dificultad de predecir lo que nos hará felices en el futuro, el reto de enmarcar adecuadamente los riesgos en el trabajo y en el hogar, el profundo efecto de los sesgos cognitivos sobre todo lo que hacemos, desde jugar en la Bolsa hasta planificar las vacaciones; todo esto solo puede ser comprendido si entendemos el funcionamiento conjunto de los dos sistemas a la hora de formular nuestros juicios y decisiones. Al implicar al lector en una animada reflexión sobre cómo pensamos, Kahneman consigue revelar cuándo podemos confiar en nuestras intuiciones y cuándo no, y de qué modo podemos aprovechar los beneficios del pensamiento lento. Además, ofrece enseñanzas prácticas e iluminadoras sobre cómo se adoptan decisiones en la vida profesional o personal, y sobre cómo podemos usardistintas técnicas para protegernos de los fallos mentales que nos crean problemas. Pensar rápido, pensar despacio cambiará para siempre nuestra manera de pensar sobre cómo pensamos. Reseñas:«Los más entusiastas lo comparan con Galileo y Darwin.»El Mundo «Considerado uno de los mejores libros de 2011 por The New York Times, The Economist o The Wall Street Journal, Kahneman revela cuándo debemos confiar en nuestras intuiciones para aprovechar los beneficios del pensamiento lento.»El Economista
Published by: DEBATE | Publication date: 06/14/2012Kindle book details: Kindle Edition, 672 pages
HBR's 10 Must Reads on Making Smart Decisions (with featured article "Before You Make That Big Decision..." by Daniel Kahneman, Dan Lovallo, and Olivier Sibony)
Learn why bad decisions happen to good managers—and how to make better ones.If you read nothing else on decision making, read these 10 articles. We’ve combed through hundreds of articles in the Harvard Business Review archive and selected the most important ones to help you and your organization make better choices and avoid common traps.Leading experts such as Ram Charan, Michael Mankins, and Thomas Davenport provide the insights and advice you need to:
- Make bold decisions that challenge the status quo
- Support your decisions with diverse data
- Evaluate risks and benefits with equal rigor
- Check for faulty cause-and-effect reasoning
- Test your decisions with experiments
- Foster and address constructive criticism
- Defeat indecisiveness with clear accountability
Published by: Harvard Business Review Press | Publication date: 03/05/2013Kindle book details: Kindle Edition, 194 pages
“Brilliant. . . . Lewis has given us a spectacular account of two great men who faced up to uncertainty and the limits of human reason.” —William Easterly, Wall Street JournalForty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original papers that invented the field of behavioral economics. One of the greatest partnerships in the history of science, Kahneman and Tversky’s extraordinary friendship incited a revolution in Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis’s own work possible. In The Undoing Project, Lewis shows how their Nobel Prize–winning theory of the mind altered our perception of reality.
Published by: W. W. Norton & Company | Publication date: 12/06/2016Kindle book details: Kindle Edition, 369 pages
For over a century, creativity has unfolded as a valuable field of knowledge. Emerging from disciplines like psychology, management and education, the field of creativity is making strides in others including the arts and engineering. Research and education in this field helped it establish an identity as evidenced by a growing number of courses and specialised journals. However, this progress has come with a price. In a domain like management, institutionalisation of creativity in learning, research and practice has left creativity subordinated to concerns with standardisation, employability and economic growth. Values like personal fulfilment, uncertainty, improvement and connectedness which could characterise systemic views on creativity need to be rescued to promote more and inclusive dialogue between creativity stakeholders.The author aims to recover the importance of creativity as a systemic phenomenon and explores how applied systems thinking, or AST, can further support creativity. This demonstrates how creative efforts could be directed to improve quality of life for individuals as well as their environments. The book uses the systems idea as an enquiring device to bring together different actors to promote refl ection and action about creative possibilities. The chapters offer conceptualisations, applications and refl ections of systems ideas to help readers make sense of the field of creativity in academia and elsewhere.Complemented by the author’s own personal, conceptual and practical journey, the insights of the book will act as a vital toolkit for management researchers, career-driven students, practitioners and all creators to define and pursue creative ideas and thrive through their journeys to benefit themselves, other people and organisations.
Published by: Routledge | Publication date: 12/17/2018Kindle book details: Kindle Edition, 150 pages
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals.In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.
Published by: Simon & Schuster | Publication date: 09/19/2017Kindle book details: Kindle Edition, 593 pages
Daniel Kahneman explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, deliberate, and logical. Kahneman exposes capabilities and the faults and biases of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behavior. The impact of loss aversion and overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the challenges of properly framing risks at work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives and how we can use different techniques to guard against the mental glitches that often get us into trouble. To help you deeply understand the book, this summary offers: Chapter summaries, broken down by subsections Definitions and explanations of the terminology used Suggested Further reading of Kahneman's research
Publication date: 05/25/2018Kindle book details: Kindle Edition, 40 pages
This is not just another happiness book. In Happiness by Design, happiness and behavior expert Paul Dolan combines the latest insights from economics and psychology to illustrate that in order to be happy we must behave happy Our happiness is experiences of both pleasure and purpose over time and it depends on what we actually pay attention to. Using what Dolan calls deciding, designing, and doing, we can overcome the biases that make us miserable and redesign our environments to make it easier to experience happiness, fulfilment, and even health. With uncanny wit and keen perception, Dolan reveals what we can do to find our unique optimal balance of pleasure and purpose, offering practical advice on how to organize our lives in happiness-promoting ways and fresh insights into how we feel, including why:• Having kids reduces pleasure but gives us a massive dose of purpose• Gaining weight won’t necessarily make us unhappier, but being too ambitious might• A quiet neighborhood is more important than a big houseVividly rendering intriguing research and lively anecdotal evidence, Happiness by Design offers an absorbing, thought-provoking, new paradigm for readers of Stumbling on Happiness and The How of Happiness.
Published by: Avery | Publication date: 08/28/2014Kindle book details: Kindle Edition, 256 pages
Think Fast: Practical Methods to Think Effectively, Quickly, and Clearly, with Smart Insight and Deep Analysis
Neuroscience-proven guidelines to think, act, and become smarter ASAP. It’s not what you know, it’s how you think.You’ve been fooled before. You’ve missed things. You’ve been slow on the uptake and others have passed you by. Radically transform your thinking for both speed AND accuracy.Think quickly on your feet to solve problems, overcome obstacles, and win arguments.Mental Agility is not a common “think smarter” book. No, it starts from biological bases of analytical thinking, and how we can re-program ourselves for deep insight. This book provides real, actionable tool after tool, because smart thinking is all about HOW, and not why or what. The bottom line is that you’ll be able to apply this book’s thinking models immediately, until they become habit.Better decision-making, smarter reasoning, and greater mental clarity.Patrick King is an internationally bestselling author and social skills coach. His writing draws of a variety of sources, from scientific research, academic experience, coaching, and real life experience.Learn to ask the intelligent questions, draw insight, and analyze situations.•How the body and brain must work together for quick thinking.•What it truly means to think deeply and analyze.•How to think about your thinking, and the obstacles that short circuit your good intentions.Science-based techniques to train your brain for optimal performance.•Mental models for optimal decision-making.•How to train your brain for speed.•Tips for divergent and creative thinking - generating ideas. Never get fooled again and find the truth in situations quickly. At first glance, most things seem fine. And maybe ignorance is bliss. But to think clearly, deeply, quickly, and effectively - you’ll discover just how much of your life you have been missing, for better or worse. Think, act, and become smarter starting today - scroll up and click the orange BUY NOW BUTTON.
Publication date: 11/30/2018Kindle book details: Kindle Edition, 214 pages