Tags » Daniel Kahneman

We have too much confidence in our beliefs

We have too much confidence in our beliefs. When you cannot imagine an alternative to your belief, you are convinced that your belief is true. That’s overconfidence. 66 more words

The Delusional Optimism of India’s Real Estate Companies

Daniel Kahneman, the Nobel Prize winning psychologist, in his brilliant book, Thinking, Fast and Slow, writes: “One of the benefits of an optimistic temperament is that it encourages persistence in the face of obstacles… 926 more words

Equitymaster

I read and question and worry

I am finally reading the whole of Michael Lewis’ book, The Undoing Project, about the work and friendship of two Israeli psychologists, Amos Tversky and Daniel Kahneman. 1,234 more words

Why Richard Thaler won the 2017 economics Nobel Prize

The 49th Sveriges Riksbank prize in financial sciences – normally alluded to as the Nobel Prize for financial aspects – has been granted to Richard H Thaler for his commitments to behavioral financial aspects. 225 more words

Why Richard Thaler won the 2017 economics Nobel Prize

The 49th Sveriges Riksbank prize in economic sciences – commonly referred to as the Nobel Prize for economics – has been awarded to Richard H Thaler for his contributions to behavioural economics. 175 more words

The economist on the beach

Richard Thaler won the Nobel Prize for making economics more human — and more real

In 1996, an Israeli psychologist named Amos Tversky was curiously, but fulsomely, eulogized for having urged economists to put down their formulas and look out the window to see people as they really are. 72 more words

Behavioral Economics

Making Better Decisions

This review has been printed in the October 2017 issue of Chess Life. A penultimate (and unedited) version of the review is reproduced here. Minor differences may exist between this and the printed version. 1,630 more words

Instructional