Tag: anchoring

  • Book Summary of “Thinking, Fast and Slow” by Daniel Kahneman | Detailed Review and Analysis

    Book Summary of “Thinking, Fast and Slow” by Daniel Kahneman | Detailed Review and Analysis

    “Thinking, Fast and Slow” by Daniel Kahneman explores the dual systems of thought that drive the way we make decisions: the fast, intuitive, and emotional system (System 1) and the slower, more deliberative, and logical system (System 2). Kahneman, a renowned psychologist and Nobel laureate in Economic Sciences, delves into the intricacies of human thought processes to uncover how biases and heuristics influence our choices. This book aims to shed light on the cognitive mechanisms behind decision-making, making it a valuable resource for psychologists, economists, and anyone interested in understanding the human mind.

    (more…)