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Daniel Kahneman - Thinking fast and slow (Part 4. Choices (Bernoulli's…
Daniel Kahneman - Thinking fast and slow
Part 1. Two systems
The characters of the story
Attention and effort
The lazy controller
The associative machine
Cognitive ease
Norms, surprises, and causes
A machine for jumping to conclusions
How judgments happen
Answering an easier question
Part 2. Heuristics and Biases
The law of small numbers
Anchors
Availability, Emotion, and Risk
The science of availability
Tom W's specialty
Linda: less is more
Causes trump statistics
Regression to the mean
Taming intuitive predictions
Part 3. Overconfidence
The illusion of understanding
The illusion of validity
Intuition vs. formulas
Expert intuition: when can we trust it?
The outside view
The engine of capitalism
Part 4. Choices
Bernoulli's errors
Prospect theory
The endowment effect
Bad events
The fourfold pattern
Rare events
Risk policies
Keeping score
Reversals
Frames and reality
Part 5. Two selves
Two selves
Life as a story
Experienced well-being
Thinking about life