Summary:
The book chronicles the collaboration between two Israeli psychologists, Daniel Kahneman and Amos Tversky, whose groundbreaking work laid the foundation for behavioral economics. It delves into their personal lives, the evolution of their partnership, and how their theories challenged conventional wisdom about decision-making and probability.
Key points:
1. Heuristics and Biases: The book explores heuristics, mental shortcuts that can lead to biased and flawed decisions. Authors Kahneman and Tversky argue these biases are predictable, challenging the idea that humans are rational.
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