Thinking, Fast and Slow – Kahneman (2013)

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title: Thinking, Fast and Slow
authors: Daniel Kahneman
year: 2013
publisher: Farrar, Straus and Giroux
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Status quo bias favors the current state 22
Availability Heuristic overestimates likelihood of events 14
Planning fallacy confuses “best-guess” with “best-case” scenario 13
Premortem works backward from an undesirable outcome in order to prevent it 11
Sunk Cost Fallacy avoids facing a loss 11
Intuition is pattern recognition 10
Positive Test Strategy reinforces Confirmation Bias 9
Superforecasting is the intersection of range and mindset 9
Loss aversion values avoiding losses more than achieving gains 8
Reference-class forecasting overcomes the planning fallacy 8
Superforecasters think differently 8
Understanding the systemic structure is powerfully generative 8
Reference-class forecasting avoids uniqueness bias 7
Anchoring Bias pulls an unknown value toward a known anchor 6
Familiarity is not easily distinguished from truth 6
Pattern recognition primes decision-making 6
Substitution answers an easier, similar question instead 5
What you see is all there is 5
Small sample sizes means variations will fluctuate wildly 4
Intuition delivers overly extreme predictions 3