The popular science reading Thinking, Fast and Slow was written by Daniel Kahneman, the founder of behavioral economics and Nobel prize winner of economics. This book talks about our own cognitive system and the irrationality of our cognitive process. Throughout the book, Kahneman explained the phenomenon in funny language through his own story, so that even people who knew nothing about behavioral economics before can learn about this new knowledge systematically.
With the development of scientific research, we keep finding that man is a very complex creature, and human cognition is full of various misunderstandings. If we cannot face up to these mistakes, we will find them again and again, big and small. And that’s why the author wrote the book. Just as the title suggests, Kahneman divided our cognitive system into two systems and then analyzed respective advantages and shortcomings. Kahneman cites a number of related experiments and classic examples to show how these two brains work. And the conclusion shows that System 1 is fast, intuitive and emotional, while system 2 is slow, deliberate and logical. Going back to the topic, thinking fast and slow, what Kahneman actually wants to bring to you is the utility and value of decision-making, which are respectively composed of experiential value and decision-making value.
From my perspective, it’s very helpful for us to read the book. It offers us the story behind the decision and helps us make better choices. More importantly, it will help us avoid certain prejudices and find solutions that are best suited to the individual in the context of ongoing risk events.