Thinking, Fast and Slow

Outline

Thinking, Fast and Slow (2011) explains how two systems shape every judgement we make: a fast, intuitive System 1 and a slow, deliberate System 2. Drawing on decades of research with Amos Tversky, Daniel Kahneman reveals the mental shortcuts and biases behind everyday mistakes, from anchoring and overconfidence to loss aversion, and shows how to recognise the moments when slowing down leads to better decisions.

• Two systems shape every judgement we make: a fast, intuitive System 1 and a slow, deliberate System 2.
• Everyday mistakes often come from mental shortcuts and biases rather than from a lack of intelligence or effort.
• Anchoring, overconfidence and loss aversion are three common biases that quietly steer our decisions.
• The book draws on decades of research Daniel Kahneman carried out together with Amos Tversky.
• Better decisions come from learning to recognise the moments when it pays to slow down.

Daniel Kahneman (1934–2024) was a psychologist and professor at Princeton University. Together with Amos Tversky, he founded the study of cognitive biases and developed prospect theory, work that earned him the Nobel Prize in Economic Sciences in 2002. Thinking, Fast and Slow became an international bestseller.