In "Judgment Under Uncertainty," renowned psychologists Daniel Kahneman, Paul Slovic, and Amos Tversky delve into the intricate ways humans make decisions amid uncertainty. Through groundbreaking research, they unveil the cognitive biases and heuristics that often lead to flawed judgments. This book not only illuminates the limitations of human reasoning but also explores the implications for economics, policy-making, and personal choices. Prepare to challenge your perceptions and discover the unseen forces shaping your decisions. Can you trust your instincts when the stakes are high?
By Daniel Kahneman, Paul Slovic, Amos Tversky
Published: 1982
""We often make decisions based on intuition and biases, leading us to underestimate uncertainty and overestimate our understanding of the world.""
Thirty-five chapters describe various judgmental heuristics and the biases they produce, not only in laboratory experiments, but in important social, medical, and political situations as well. Most review multiple studies or entire subareas rather than describing single experimental studies.
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“"We often make decisions based on intuition and biases, leading us to underestimate uncertainty and overestimate our understanding of the world."”
Judgment Under Uncertainty
By Daniel Kahneman, Paul Slovic, Amos Tversky
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Daniel Kahneman is a renowned psychologist and Nobel laureate best known for his groundbreaking work in behavioral economics and cognitive psychology. Born on March 5, 1934, in Tel Aviv, he significantly influenced our understanding of decision-making, judgment, and the biases that affect human thought processes. His bestselling book, "Thinking, Fast and Slow," explores the dual systems of thought and has had a profound impact on a wide range of fields, from economics to public policy. Kahneman's research has earned him numerous accolades and recognition, solidifying his position as a leading figure in the study of human behavior. Through his work, he has inspired both scholars and practitioners to reevaluate how we understand rationality and decision-making in everyday life.
Paul Slovic is a prominent psychologist and author, known for his extensive work in the fields of decision-making, risk perception, and psychology. He is a professor of psychology at the University of Oregon and has published numerous influential papers and books, including 'The Perception of Risk' and 'Numbers and Nerves: Information, Emotion, and Meaning in a World of Data.' Slovic's writing is characterized by its analytical depth and accessibility, blending empirical research with philosophical insights. His contributions have significantly shaped the understanding of how people interact with risk and uncertainty.
Amos Tversky (1937-1996) was an influential cognitive psychologist and a pioneer in the field of behavioral economics. Known for his groundbreaking work on decision-making under uncertainty and the psychology of judgment, Tversky's research challenged traditional economic theory through his examination of cognitive biases and heuristics. Some of his most notable works include the development of Prospect Theory, co-authored with Daniel Kahneman, which describes how people make decisions involving risk. Tversky's writing is characterized by its clarity and rigor, aiming to make complex psychological concepts accessible. He received numerous accolades for his contributions to psychology, leaving a lasting legacy in both academic and practical arenas.
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