In this work the author, a recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology that challenged the rational model of judgment and decision making, has brought together his many years of research and thinking in one book. He explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. He exposes the extraordinary capabilities,...

A boy has a difficult time making decisions even though there is a vocal bunch of Hunches to help him.

Since Plato, philosophers have described the decision-making process as either rational or emotional: we carefully deliberate, or we "blink" and go with our gut. But as scientists break open the mind's black box with the latest tools of neuroscience, they're discovering that this is not how the mind works. Our best decisions are a finely tuned blend of both feeling and reason- and the precise mix depends on the situation. When buying a house, for...

Our futures depend not just on the results of the choices we make, but on how well we handle making these hard choices and the serious scrutiny that comes with them. Huston shows how men and women approach decisions differently, though not necessarily in the ways we have been led to believe. She opens up the conversation about how we can best shape our habits, perceptions, and strategies, not just to make the most of our own opportunities, but to...

Discusses why people are disconnected from their future selves, frequently opting for immediate gratification and making decisions that fail to consider future health and well-being, and offers practical advice for balancing living for today with planning for tomorrow.

"Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of studies undoing our assumptions about the decision-making process. Their papers showed the ways in which the human mind erred, systematically, when forced to make judgments in uncertain situations. Their work created the field of behavioral economics, revolutionized Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation,...

"In The Yellow Pad, former United States Secretary of the Treasury and co-chairman of Goldman Sachs Robert Rubin sets out a number of methods and processes that have guided him through moments of crisis. He offers both qualitative and quantitative ways of sifting through difficult economic and social problems, the sum of which is an original intellectual framework that can be applied to both the most global universal problems and the daily dilemmas...

Discusses why people make bad judgments and how to make better ones by reducing the influence of "noise"--variables that can cause bias in decision making--and draws on examples in many fields, including medicine, law, economic forecasting, forensic science, strategy, and personnel selection.