Read e-book online The Undoing Project: A Friendship That Changed Our Minds PDF

By Michael Lewis

ISBN-10: 0393254593

ISBN-13: 9780393254594

How a Nobel Prize–winning idea of the brain altered our belief of reality.

Forty years in the past, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a sequence of breathtakingly unique reviews undoing our assumptions in regards to the decision-making strategy. Their papers confirmed the ways that the human brain erred, systematically, while compelled to make judgments in doubtful events. Their paintings created the sector of behavioral economics, revolutionized significant facts reviews, complicated evidence-based medication, resulted in a brand new method of govt rules, and made a lot of Michael Lewis’s personal paintings attainable. Kahneman and Tversky are extra accountable than anyone for the strong pattern to distrust human instinct and defer to algorithms.

The Undoing Project is set a compelling collaboration among males who've the size of serious literary figures. They turned heroes within the collage and at the battlefield―both had very important careers within the Israeli military―and their study used to be deeply associated with their remarkable existence reviews. Amos Tversky was once an excellent, self-confident warrior and extrovert, the heart of rapt cognizance in any room; Kahneman, a fugitive from the Nazis in his youth, was once an introvert whose questing self-doubt was once the seedbed of his rules. They grew to become one of many maximum partnerships within the historical past of technology, operating jointly so heavily that they couldn’t consider whose mind originated which principles, or who may still declare credits. They flipped a coin to come to a decision the lead authorship at the first paper they wrote, and easily alternated thereafter.

This tale in regards to the workings of the human brain is explored during the personalities of 2 interesting participants so essentially varied from one another that they appear not going neighbors or colleagues. within the approach they could good have replaced, for sturdy, mankind’s view of its personal mind.

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Extra resources for The Undoing Project: A Friendship That Changed Our Minds

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And every year we try again. ” The last psychologist who showed up claiming to be able to predict behavior had essentially used the Myers-Briggs personality test—and then tried to persuade Morey, after the fact, that he had warded off all manner of unseen problems. The way he’d gone on reminded Daryl Morey of a joke. “The guy walks around with a banana in his ear. ’ He says, ‘To keep the alligators away! There are no alligators! ’” The Indian giant said his strengths were his post-up game and his midrange shooting.

Which future superstar had they written off, or which future bust had they fallen in love with? ’” By a stroke of luck, the consulting firm Morey worked for was asked to perform some analysis for a group trying to buy the Boston Red Sox. When that group failed in its bid to buy a professional baseball team, it went out and bought a professional basketball team, the Boston Celtics. ” He helped hire new management, then helped to figure out how to price tickets, and, finally, inevitably, was asked to work on the problem of whom to select in the NBA draft.

Voltaire CONTENTS Introduction: THE PROBLEM THAT NEVER GOES AWAY 1 MAN BOOBS 2 THE OUTSIDER 3 THE INSIDER 4 ERRORS 5 THE COLLISION 6 THE MIND’S RULES 7 THE RULES OF PREDICTION 8 GOING VIRAL 9 BIRTH OF THE WARRIOR PSYCHOLOGIST 10 THE ISOLATION EFFECT 11 THE RULES OF UNDOING 12 THIS CLOUD OF POSSIBILITY Coda: BORA-BORA A Note on Sources Acknowledgments The UNDOING PROJECT Introduction THE PROBLEM THAT NEVER GOES AWAY Back in 2003 I published a book, called Moneyball, about the Oakland Athletics’ quest to find new and better ways to value baseball players and evaluate baseball strategies.

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The Undoing Project: A Friendship That Changed Our Minds by Michael Lewis

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