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Thinking Fast and Slow Linkage

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  • Post Date 2018-11-07T12:21:37+00:00
  • Post Category New Samples

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Thinking Fast and Slow Linkage

Thinking Fast and Slow Linkage

INSTRUCTIONS:

Content should be in a narrative point of view of the book "Thinking Fast and Slow" by Daniel Kahneman and should demonstrate linkage of concepts, your own thinking, backed with references to include concepts from "Cultural Psychology" by Steven J. Heine. References should be Cultural Psychology as annotated above and a second source of your choosing.

CONTENT:
Thinking Fast and Slow LinkageStudent:Professor:Course title:Date:Thinking Fast and Slow LinkageIn this paper, the purpose is to provide a book review of the book Thinking Fast and Slow by Daniel Kahneman. The content of this paper is fundamentally in a narrative point of view of the book. In reviewing the book, linkage of concepts is demonstrated, along with my own thinking that is backed and supported with references. Concepts from the book, Cultural Psychology by Steven, J. Heine are also included in the references. In the book Thinking Fast and Slow, Kahneman’s key theme is essentially human irrationality. It is noteworthy that there are basically 3 stages or phases to Kahneman’s profession. Firstly, Kahneman along with Tversky carried out several inventive experimentations which divulged about 20 cognitive biases, that is, unconscious inaccuracies of reason which distort people’s discernment of the world. Characteristic of these is the anchoring effect: this means people’s propensity of being influenced by extraneous numbers which they happen to be exposed to. In the 2nd stage, Tversky and Kahneman demonstrated that people making decisions under indecisive circumstances do not behave in a manner that financial models have usually presumed, that is; they do not maximize utility. They subsequently formulated an alternative account of decision making that they referred to as prospect theory. In the third stage of Kahneman’s profession, mostly following Tversky’s passing away, he inquired into hedonic psychology, which is essentially the science of happiness, including its nature as well as its causes. The book Thinking Fast and Slow covers each of these stages. The book is superbly rich given that it is reflective, clear and has lots of intellectual surprises. The book is consistently engaging, and very much touching particularly when the author recounts his teamwork with Tversky. Thinking Fast and Slow also offers an integrated and detailed treatment of the role played by 2 dissimilar cognitive systems in elucidating people’s decisions and judgments, adopting System 1 and 2 distinctions. Kahneman elucidates that System 1, also known...

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