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.
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.
Key information about the book.
Support local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "Misbehaving: The Making of Behavioral Economics," Nobel laureate Richard Thaler takes readers on a riveting journey through the evolution of behavioral economics, a field that challenges traditional economic theories. Thaler candidly shares his experiences and groundbreaking experiments that reveal how human behavior often defies rational expectations, leading to surprising choices in everyday life. With a blend of humor and keen insight, he highlights the quirks and biases that influence decision-making, reshaping our understanding of markets and policies. This enlightening narrative not only unveils the complexities of human behavior but also emphasizes the importance of incorporating psychology into economic thinking. Dive into a world where misbehavior leads to profound revelations about the way we live, work, and decide!
In "Nudge," behavioral economists Richard Thaler and Cass Sunstein unveil the subtle art of influencing choices and shaping outcomes without restricting freedom. They explore how small, seemingly insignificant changes in the way options are presented can lead to drastically improved decisions in health, finance, and overall happiness. With compelling real-world examples and engaging insights, the authors demonstrate how understanding human psychology can empower individuals and policymakers alike. Dive into a world where choice architecture transforms lives and reshapes society's approach to welfare. Discover the hidden nudges that could change everything about the way we choose!
In 'The Undoing Project', Michael Lewis explores the groundbreaking collaboration between two Israeli psychologists, Daniel Kahneman and Amos Tversky, whose revolutionary theories on decision-making changed our understanding of human rationality. Their research reveals the cognitive biases that influence our choices, often leading us astray in unexpected ways. Through compelling anecdotes and vivid storytelling, Lewis uncovers how their work not only transformed psychology but also impacted economics, medicine, and public policy. As their friendship deepens amid professional triumphs and personal struggles, the book delves into the complexities of the human mind and the power of perspective. Will their insights lead to a newfound awareness of our own thought processes? Discover the fascinating tale behind the science of thinking.
In 'Mistakes Were Made (but Not by Me)', Carol Tavris and Elliot Aronson explore the psychological mechanisms of self-justification and the often-unconscious ways we avoid admitting our wrongs. With compelling examples from history, psychology, and personal anecdotes, the authors reveal why people, from individuals to large organizations, refuse to accept accountability. This thought-provoking book challenges readers to confront their own biases and the cognitive dissonance that influences decision-making. Will you choose to embrace the discomfort of acknowledging your mistakes? Dive into this enlightening read and discover the profound impact of accountability on personal growth and relationships.
In 'Confidence Game', Christine S. Richard explores the intricate world of con artists and the psychology behind their manipulative tactics. Through gripping narratives and real-life examples, she unveils how trust can be both a weapon and a tool for deception. The book dives deep into the profiles of scammers and the unsuspecting victims who fall prey to their schemes. As Richard distinguishes between genuine confidence and deceitful charm, readers are left questioning their own perceptions of trust. This thrilling exploration of manipulation will make you rethink the nature of confidence itself.
In 'The Power of Persuasion,' Robert Levine unravels the intricate mechanisms behind influence and manipulation in everyday life. Drawing on captivating psychology studies and compelling anecdotes, he reveals how our choices are often swayed without our awareness. Levine exposes the techniques used by advertisers, politicians, and even friends to guide our decisions, prompting readers to reflect on their own susceptibility. This eye-opening exploration challenges your understanding of free will and personal agency. Are you ready to discover the hidden forces that shape your thoughts and actions?
In 'Still Writing,' Dani Shapiro invites readers into the intimate and often tumultuous world of a writer's life. With candor and wit, she reflects on the complexities of creativity, exploring the intersection of life and art. Shapiro shares personal anecdotes that resonate deeply, illuminating the struggles and triumphs inherent in the act of writing. Through her vivid storytelling, she reveals the cathartic power of the written word. This is a thought-provoking meditation that will inspire both writers and readers alike to embrace their stories and the journey of self-discovery.
In 'Rise', Olympic skiing champion Lindsey Vonn unfolds her inspiring journey from a small-town girl chasing dreams to a global sports icon. With vivid storytelling, she shares the grit, determination, and resilience that propelled her through triumphs and setbacks alike. Readers are taken behind the scenes of the competitive world of skiing, revealing the sacrifices and relentless pursuit of excellence required to succeed. Vonn's candid reflections on her struggles with injuries and personal challenges offer a powerful message of perseverance. This memoir is not just about sports; it’s a testament to the indomitable spirit that lies within us all.
Showing 8 of 28 similar books

Adam Robinson is a distinguished author, financial advisor, and co-founder of the Princeton Review, which revolutionized the test preparation industry. He is renowned for his best-selling book "Cracking the SAT," which has guided countless students to achieve higher scores. Robinson's expertise extends beyond education into financial markets, where he is a respected global macro advisor. His contributions to literature and finance have earned him a reputation as a thought leader and innovator. Continually sought after for his insights, Robinson remains a pivotal figure in both the educational and financial sectors.

Alexis Ohanian is an American entrepreneur, investor, and co-founder of Reddit, one of the world’s most popular social news and discussion platforms. Ohanian is also a prominent advocate for open internet and net neutrality, and he has invested in numerous startups through his venture capital firm, Initialized Capital. In addition to his work in tech, Ohanian is involved in philanthropy, supporting causes related to women’s rights, education, and social justice. He is married to tennis star Serena Williams, and together they advocate for gender equality and inclusive leadership. Ohanian’s influence in the tech world and his commitment to social impact have made him a respected figure in both business and activism.

Ray Dalio is the founder of Bridgewater Associates, one of the largest and most successful hedge funds in the world. He is also the author of the bestselling book Principles, where he outlines his philosophy on life, leadership, and investing. Ray is renowned for his unique approach to transparency, radical truth, and thoughtful disagreement within organizations. His insights into economics and investing have made him one of the most influential figures in the financial world. Dalio continues to be a thought leader in business, economics, and philanthropy.

Andrew Lokenauth is a distinguished author and financial expert known for his insightful contributions to personal finance and investment literature. With a career spanning over a decade, he has written extensively on topics such as wealth management, financial planning, and market analysis. Lokenauth's works are celebrated for their clarity and practical advice, making complex financial concepts accessible to a broad audience. He has been featured in numerous financial publications and has established himself as a trusted voice in the industry. Beyond his writing, Lokenauth is also a sought-after speaker, sharing his expertise at various seminars and workshops.

Nat Eliason is an influential writer, entrepreneur, and educator known for his insightful work on personal growth, productivity, and digital marketing. He founded Growth Machine, a successful SEO and content marketing agency that has helped numerous companies expand their online presence. Eliason's thought-provoking articles on his blog cover a wide range of topics, from philosophy to health, attracting a large and engaged audience. Additionally, he authored "Effortless Output with Roam," a comprehensive guide on using the Roam Research tool for knowledge management. Through his diverse contributions, Eliason has established himself as a significant voice in the realms of self-improvement and digital strategy.

Bill Gates, co-founder of Microsoft Corporation, is a pioneering figure in the tech industry, having played a key role in the personal computer revolution. His work at Microsoft, particularly the development of Windows, transformed software and computing globally. Beyond his technology contributions, Gates is also a prolific author, with notable works such as "The Road Ahead" and "Business @ the Speed of Thought," which offer insights into the future of technology and business. Additionally, his philanthropic efforts through the Bill & Melinda Gates Foundation have had a profound impact on global health, education, and poverty. Gates continues to influence both technology and literature with his forward-thinking perspectives and innovative ideas.

Charles Koch is an American businessman and philanthropist, best known as the Chairman and CEO of Koch Industries, one of the largest privately held companies in the world. Beyond his business acumen, Koch has made significant contributions to literature, particularly in the field of economics and management. His book "The Science of Success" outlines his philosophy of Market-Based Management, a framework for business success that has influenced many entrepreneurs. Additionally, his co-authored work "Good Profit" delves into creating value for society through principled entrepreneurship. Koch's writings emphasize the importance of innovation, free markets, and a principled approach to business.

Daniel Kahneman is a renowned psychologist and Nobel laureate, celebrated for his groundbreaking work in the field of behavioral economics. He co-authored the seminal book "Thinking, Fast and Slow," which explores the dual systems of thought and has profoundly influenced both psychology and economics. Kahneman's research, particularly his collaboration with Amos Tversky on prospect theory, challenged the traditional rational model of decision-making and earned him the Nobel Prize in Economic Sciences in 2002. His contributions have reshaped our understanding of human judgment, decision-making, and the nature of happiness. Kahneman continues to be a leading voice in the study of cognitive biases and heuristics.
“"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
Discover a world of knowledge through our extensive collection of book summaries.