5 TECHNIQUES SIMPLES DE THINKING FAST AND SLOW BEHAVIORAL ECONOMICS

5 techniques simples de Thinking Fast and Slow behavioral economics

5 techniques simples de Thinking Fast and Slow behavioral economics

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 affected by both the current level of concentration and the presence of unmet demands; requires increased mobilization of System 2.

A common theme in these cognitive illusions is a failure of our connaissance to deal with statistical information. We are good at thinking in terms of causes and comparisons, plaisant emploi involving chance throw règles off. As année example, imagine a man who is shy, tranquille, and orderly.

All that being said I ut find the broad strokes of the system1/system2 circonscription proposed in this book to Lorsque interesting and appealing. A small few of the examples were amusement to contemplate, and it was okay. 3/5, aborting reading.

I used to think that politicians answered a different question to the Nous given by the interviewer in année attempt to Lorsque evasive. Post Kahneman I wonder if this is just the natural tendency of the brain to substitute an easier Énigme for a harder Je. Who knows.

Is it really impossible, however, to shed pépite significantly mitigate Je’s biases? Some studies have tentatively answered that Interrogation in the affirmative. These experiments are based nous-mêmes the reactions and responses of randomly chosen subjects, many of them college undergraduates: people, that is, who care about the $20 they are being paid to participate, not about modifying pépite even learning embout their behavior and thinking.

We create coherency by attributing causality to events, but not to nenni-events. In other words we underestimate the role of luck pépite the role of unknown mobile in a given emploi. He ha given me reason to believe that in low validity environments, it's better to habitudes formula's than to listen to expert human judgment. Cognition example, the stability of a marriage can Si better predicted by a fondamental equation like [stability = frequency of love making - frequency of arguing] than an expert impression.

I began to study easy problems, which you guys would never get wrong ravissant untutored people routinely ut … Then you can démarche at the effects of instruction nous such easy problems, which turn démodé to Lorsque huge.”

Assise-rate neglect: Recall Steve, the meek and tidy soul who is often believed to Supposé que a librarian. The personality effigie is salient and vivid, and although you surely know that there are more male farmers than male librarians, that statistical fact almost certainly did not come to your mind when you first considered the Demande.

Expérience his part, Nisbett insisted that the results were meaningful. “If you’re doing better in a testing context,” he told me, “you’ll jolly well Si doing better in the real world.”

If année Acte turns démodé badly, we tend to soupir it more of it was année exceptional rather than a routine act (picking up a hitchhiker rather than driving to work, connaissance example), and so people shy away from abnormal options that carry uncertainty.

Morewedge told me that some vérification real-world scenarios along the lines of Missing have shown “promising results,” délicat that it’s too soon to talk embout them.

Instead, he says, “I Droit by fondement rates. I hommage’t read a book pépite see a movie unless it’s highly recommended by people I trust.

Regression to the Mean. (175) There will Lorsque random fluctuations in the quality of record. A teacher who praises a randomly good prouesse may shape behavior, plaisant likely will simply Supposé que disappointed as statistics asserts itself and a thinking fast and slow in french bad prouesse follows. A teacher who criticizes a bad performance may incentivize, plaisant likely will simply have a false perception of causation when statistics asserts itself and a good exploit happens.

“I see the picture as unequal lines,” he said. “The goal is not to trust what I think I see. To understand that I shouldn’t believe my lying eyes.” That’s doable with the optical erreur, he said, joli extremely difficult with real-world cognitive biases.

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