Thinking, Fast and Slow Audible Audiobook – Unabridged
Shortlisted for: International Author of the Year – Specsavers National Book Awards 2012
The unabridged, downloadable audiobook edition of Thinking, Fast and Slow, Daniel Kahneman's pioneering work that tackles questions of intuition and rationality. Read by the actor Patrick Egan.
Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology challenging the rational model of judgment and decision making, is one of the world's most important thinkers. His ideas have had a profound impact on many fields - including business, medicine, and politics - but until now, he has never brought together his many years of research in one book.
In Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think and make choices. One system is fast, intuitive, and emotional; the other is slower, more deliberative, and more logical. Kahneman exposes the extraordinary capabilities-and also the faults and biases-of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behaviour. The importance of properly framing risks, the effects of cognitive biases on how we view others, the dangers of prediction, the right ways to develop skills, the pros and cons of fear and optimism, the difference between our experience and memory of events, the real components of happiness-each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.
Drawing on a lifetime's experimental experience, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our professional and our personal lives-and how we can use different techniques to guard against the mental glitches that often get us into trouble. Thinking, Fast and Slow will transform the way you take decisions and experience the world.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
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|Listening Length||20 hours and 1 minute|
|Whispersync for Voice||Ready|
|Audible.com.au Release Date||23 December 2011|
|Publisher||Penguin Books Ltd|
|Best Sellers Rank|| 84 in Audible Books & Originals (See Top 100 in Audible Books & Originals) |
1 in Business Decision Making
1 in Business Decision Making & Problem Solving
1 in Business Decision-Making & Problem Solving
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Top reviews from Australia
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This book has divided into 5 main topics, and discussed three different pairs of concepts. The first one is our thinking system, one is fast (denoted as system 1), another is slow (denoted as system 2). System 1 is just like our intuitive thinking, and system 2 is like deliberate thinking. Many of our irrational behaviors are caused by the fast response of system 1, together with the laziness of system 2.
The second pair is Humans and Econs, which Econ means the rational assumption assumed by classic economists, and Human means the actual human in the daily life. The Prospect Theory is used explained in what kinds of situation that humans do not behave like economists have predicted, and why.
The third pair is the experiencing self and remembering self. The feeling we experience during the events is very different than the the feelings in our memory, which sometimes cause decision making not as make sense and let us regret later.
Overall this book is full of insightful thoughts, with a lot of examples to explain the concepts. Daniel Kahneman did a great job on all these topics
A downside is that the book is printed in miniature font, which slightly worsened the reading experience. You're also likely to lose interest in the author's argument over time reading this book unless you show some degree of passion or enthusiasm about behavioural psychology.
Top reviews from other countries
Why do we marry people just because they're good in bed?
Why do investors snatch small profits from winning investments whilst allowing large losses to build up in bad investments?
Why do parents deny their children life saving vaccinations for fear of unproven risks?
Why do we think a bird in the hand is worth two in a bush?
On the whole humans are incredibly good at making bad decisions because they allow emotions and moral values to prevail over good sense and simple mathematical calculation. We make snap decisions based on our intuition (fast thinking) and often believe our intuition is superior to logic (slow thinking). For example, President Trump recently said he preferred to listen to his 'gut' than his advisors.
Kahneman examines the reasons why we make bad decisions and indicates ways in which we might make better decisions - even if the better decisions make us feel uncomfortable because they are counterintuitive.
My only problem with this book is that it is so laborious in places that I almost lost interest. Sometimes Kahneman goes on and on about a proposition that has (at least for me) zero interest. If he asks 'How much would you pay for a bowl of roses valued at $59?' I don't have an answer because I'm simply not interested and I don't want to know how much anyone else would pay, or why they would or wouldn't pay it. Perhaps it's just me, but I found some of the propositions too complex to bother with. But to be fair there were some chapters that had me spellbound - maybe because they touched on areas where I make bad decisions.
Overall, this is an important book but spoiled by too much dense argument and irrelevant illustration. It could have contained all the salient points and been reduced to half the length without any dilution of the message.
Reviewed in India on 26 September 2018
It's not an easy book to read so not one for the beach, but push through and there is a light at the end of the tunnel.