EXTENDED SUMMARY
THE UNDOING PROJECT
BASED ON THE BOOK BY MICHAEL LEWIS
SUMMARY WRITTEN BY: QUICK READING LIBRARY
CONTENT
The Seeds of Discontent
Early Lives: Shaping the Minds
Divergent Paths, Converging Interests
First Collaboration and the "Law of Small Numbers"
Challenging Expertise and Human Judgment
The Psychology of Prediction
The Development of Prospect Theory
The Rules of Undoing and Shifting Dynamics
Friction, Legacy, and a Final Gift
General Analysis
ABOUT THE ORIGINAL BOOK
"The Undoing Project" by Michael Lewis explores the collaborative relationship between psychologists Daniel Kahneman and Amos Tversky, two brilliant minds who revolutionized the field of behavioral economics. The book delves into their contrasting personalities and approaches to research, highlighting how their individual differences fueled their groundbreaking discoveries about human judgment and decision-making. The narrative traces their journey from their early years in Israel to their influential work in the United States, revealing how their joint efforts exposed the systematic errors and biases in human thinking. It examines the various heuristics and biases that affect decision-making, such as representativeness, availability, and anchoring, and explores how people often deviate from rational thought. The book explores how these psychological insights challenged existing economic theories, and had an impact on fields beyond academia.
EXTENDED SUMMARY
THE UNDOING PROJECT
BASED ON THE BOOK BY MICHAEL LEWIS
SUMMARY WRITTEN BY: QUICK READING LIBRARY
CONTENT
The Seeds of Discontent
Early Lives: Shaping the Minds
Divergent Paths, Converging Interests
First Collaboration and the "Law of Small Numbers"
Challenging Expertise and Human Judgment
The Psychology of Prediction
The Development of Prospect Theory
The Rules of Undoing and Shifting Dynamics
Friction, Legacy, and a Final Gift
General Analysis
ABOUT THE ORIGINAL BOOK
"The Undoing Project" by Michael Lewis explores the collaborative relationship between psychologists Daniel Kahneman and Amos Tversky, two brilliant minds who revolutionized the field of behavioral economics. The book delves into their contrasting personalities and approaches to research, highlighting how their individual differences fueled their groundbreaking discoveries about human judgment and decision-making. The narrative traces their journey from their early years in Israel to their influential work in the United States, revealing how their joint efforts exposed the systematic errors and biases in human thinking. It examines the various heuristics and biases that affect decision-making, such as representativeness, availability, and anchoring, and explores how people often deviate from rational thought. The book explores how these psychological insights challenged existing economic theories, and had an impact on fields beyond academia.
Extended Summary - The Undoing Project: Based On The Book By Michael Lewis
Extended Summary - The Undoing Project: Based On The Book By Michael Lewis
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Product Details
| BN ID: | 2940194656912 |
|---|---|
| Publisher: | Quick Reading Library |
| Publication date: | 01/19/2025 |
| Edition description: | Unabridged |
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