Summary, Analysis & Review of Michael Lewis’s The Undoing Project by Instaread

Download or read book Summary, Analysis & Review of Michael Lewis’s The Undoing Project by Instaread written by Instaread and published by Instaread. This book was released on 2017-01-06 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summary, Analysis & Review of Michael Lewis’s The Undoing Project by Instaread Preview: The Undoing Project: A Friendship that Changed Our Minds explores the relationship and psychological theories of two Israeli academics, Daniel Kahneman and Amos Tversky, whose ideas about human judgment and decision-making established the field of behavioral economics. The two men’s collaborative work began with an audacious premise: that humans are not rational decision-makers. Rational decision-making was the cornerstone of both the psychology of decision-making and the field of economics in the 1970s, but Kahneman and Tversky asserted that people’s judgment was swayed by their emotions, not their intellects. They tested this theory in a variety of ways, which led them to co-write a series of influential papers about judgment and how decisions are made. The sheer force of these concepts was such that, although they ran contrary to conventional wisdom, people instantly comprehended their truth. They soon became academic stars, although Tversky’s accolades came much faster… PLEASE NOTE: This is a Summary, Analysis & Review of the book and NOT the original book. Inside this Summary, Analysis & Review of Michael Lewis’s The Undoing Project by Instaread: · Overview of the Book · Important People · Key Takeaways · Analysis of Key Takeaways About the Author With Instaread, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience. Visit our website at instaread.co.