Chapters

From Thinking, Fast and Slow — ← Back to chapter overviewShareRare events are handled poorly by intuition. They get overweighted when they are vivid, recent, or emotionally charged—and…

From Thinking, Fast and Slow — ← Back to chapter overviewShareYour appetite for risk shifts with two variables: whether you are facing gains or losses, and whether the…

From Thinking, Fast and Slow — ← Back to chapter overviewShareBad events carry extra weight. A loss is not simply a negative gain; it has a sharper psychological…

From Thinking, Fast and Slow — ← Back to chapter overviewShareOwnership changes value. Once something is “yours,” giving it up feels like a loss, and losses are weighted…

From Thinking, Fast and Slow — ← Back to chapter overviewShareProspect theory replaces the smooth rational chooser with a mind that treats losses and gains asymmetrically. Losses loom…

From Thinking, Fast and Slow — ← Back to chapter overviewShareClassical economics imagines a rational chooser who evaluates outcomes by their final states. But human judgment does not…

From Thinking, Fast and Slow — ← Back to chapter overviewShareOverconfidence is not only a personal flaw; it can be an economic force. Optimism pushes people to start…

From Thinking, Fast and Slow — ← Back to chapter overviewShareWhen you plan, you naturally adopt the inside view: focusing on your specific intentions, resources, and obstacles. The…

From Thinking, Fast and Slow — ← Back to chapter overviewShareNot all intuition is equal. Some intuitions are genuine expertise: fast recognition built from long practice. Others are…

From Thinking, Fast and Slow — ← Back to chapter overviewShareHuman judgment feels flexible and rich, but it is also inconsistent. The same expert can give different answers…

From Thinking, Fast and Slow — ← Back to chapter overviewShareYou can feel sure even when the evidence is thin. The feeling of confidence is often driven by…

From Thinking, Fast and Slow — ← Back to chapter overviewShareYou understand the past by turning it into a story. Events get arranged into causes and consequences until…