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Suswatibasu (1701 KP) rated The Undoing Project: A Friendship That Changed the World in Books
Oct 12, 2017
Clearly, we only know a fraction of our minds
We know that the field of behavioral economics is a kind of the wild west of the sciences, filled with speculation, outlaws, and not a little shenanigans. And yet it is by far one of the most fascinating and controversial sciences on the popular stage.
This story is almost like a love affair between two visionary scholars, Daniel Kahneman and the late Amos Tversky. Their shared admiration and respect for one another, and opposite personalities, led them across the world from Israel, in the pursuit for knowledge.
The author notes the halo effect in which people see favourable attributes and let that impression impact the assessment of other attributes. Kahneman and Tversky later refer to this as Representativeness involving premature characterisation of an object or an individual.
While this is less plot driven than the author's other works The Blind Side, Moneyball, and The Big Short, it is still an endearing tale.
This story is almost like a love affair between two visionary scholars, Daniel Kahneman and the late Amos Tversky. Their shared admiration and respect for one another, and opposite personalities, led them across the world from Israel, in the pursuit for knowledge.
The author notes the halo effect in which people see favourable attributes and let that impression impact the assessment of other attributes. Kahneman and Tversky later refer to this as Representativeness involving premature characterisation of an object or an individual.
While this is less plot driven than the author's other works The Blind Side, Moneyball, and The Big Short, it is still an endearing tale.