Thinking, Fast and Slow - by Daniel KahnemanThis 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 Hosted on Acast. See acast.com/privacy for more information.

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