He lives in … If you prefer just the facts (as I usually do) you might wanna pass on this one. 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. To see what your friends thought of this book, Depends. We must support the popularization of scholarly topics, and I’ve read that it takes, on average, at least 20 years for new ideas, analyses, and discoveries to move out of the academic curriculum of higher education to what we teach our children in secondary schools. My first exposure to these concepts was in the book "The Psychology of Intelligence" by Richard Heuer. Publisher: W. W. Norton & Company OverDrive Read. I enjoy a book or article that uses statistics and/or facts to cause me to ponder things from a different perspective. Michael Lewis narrates how it happened in this sup. I’m a big fan of Michael Lewis, so when his new book was announced, I put myself on the waiting list for it at my public library. Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original studies undoing our assumptions about the decision-making process. UNDOING PROJECT. More foot/endnotes and perhaps a fuller bibliography would be helpful, too. Though very different in personality, they became very close friends and went on to collaborate in producing a number of papers concerning what came to be known as behavioural economics – or in layman’s terms, the psychology of judgement and decision making. While economics usually bores me. I will be bold, and confidently tell you what this book is all about...Humans making decisions are inherently handicapped by systematic biases that make them think they are being logical, but often, or possibly usually, are not. While economics usually bores me, I decided to read this book anyway. I don't know that it's fitting that Kahneman wound up winning the Nobel while Tversky did not, but hopefully it provided closure. But I think every serious thinker needs to get some exposure to the psychology of analytical mistakes. They did groundbreaking research that led to improved understanding of how we make decisions. ft. I did enjoy Lewis’ good writing, even if nothing is clearly explained except for about the two, their friendship and thinking, and the environs of that. Michael Lewis is the best-selling author of Liar’s Poker, Moneyball, The Blind Side, The Big Short, The Undoing Project, and The Fifth Risk. The faultless expert is a fraudster, a con artist playing on a rigged field. In his 2016 book “The Undoing Project,” Michel Lewis described the work of psychologists Daniel Kahneman and Amos Tversky as “undoing” assumptions about … See all 10 questions about The Undoing Project…, Moneyball: The Art of Winning an Unfair Game, The Big Short: Inside the Doomsday Machine, Descartes' Error: Emotion, Reason and the Human Brain, Synaptic Self: How Our Brains Become Who We Are, Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy. I read Liar's Poker, Big Short and Flash Boys. Their papers showed the ways in which the human mind erred, systematically, when forced to make judgments in uncertain situations. You're listening to a sample of the Audible audio edition. Let us know what’s wrong with this preview of, Published Reviewed in the United Kingdom on October 4, 2019. Full content visible, double tap to read brief content. The Question and Answer section for The Undoing Project is a great resource to ask questions, find answers, and discuss the novel.. The Undoing Project. I already had a good understanding of the work of Tversky and Khaneman prior to reading this book. Unfortunately this book is that and more: sadly, it’s also a fictional account of recent Israeli history that casts doubt on the author’s ability to draw on high-quality sources. He ended up meeting the mother while giving the child a recommendation. Unable to add item to List. Find all the books, read about the author, and more. A close second and third and fourth would be the works by Nassim Taleb: Fooled by Randomness and Black Swan (also, Antifragile). Michael Lewis's book The Undoing Project: A Friendship That Changed Our Minds, released on December 16, 2016, is about Amos Tversky and Daniel Kahneman, and is the "story of their lives and work together". According to the Moneyball author, it's all about framing. But reading about academics who challenge conventional wisdom in the field of psychology is ... less interesting than financial traders who short the mortgage market, or adoptive parents who help their talented son beat the odds and get drafted to the NFL, or who compile a winning sports team through metrics. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free. I would have been less annoyed with the single reference to the importance of Gestalt theory here without Kurt Lewin, “utility theory” without Bentham’s utilitarianism, etc. Michael Lewis, the author of “Moneyball” and “The Big Short” has an amazing ability to write fascinating books about subject matters that I normally find mind-numbingly boring: sports and the economy. I loved learning about two very smart men. This is a great story about two genius psychologists, Daniel Kahneman and Amos Tversky. The book revisits Lewis' interest in market inefficiencies, previously explored in his books Moneyball They became heroes in the university and on the battlefield―both had important careers in the Israeli military―and their research was deeply linked to their extraordinary life experiences. I've read quite a lot about Kahneman and Tversky, but this book is surprising me, it's much more biographical and anecdotal. We work hard to protect your security and privacy. They became one of the greatest partnerships in the history of science, working together so closely that they couldn’t remember whose brain originated which ideas, or who should claim credit. He has attempted the same here about Tversky and Kahneman. For those new to the field of Behavioural Economics this may not be the best starting point, nor is it intended to be. Behavioral finance - avoid being prey on the way to a Nobel Prize, Reviewed in the United States on October 27, 2017. I also see its roots in Robert Cialdini’s books (Influence, Pre-suasion). Best-selling author Michael Lewis examines how … What made this book special is that Lewis made baseball interesting for people who are not usual fans of the sport. I won't spoil it, but Amos really disappointed me with his calcifications toward the end. 4.5 stars. What made this book special is that Lewis made baseball interesting for people who are not usual fans of the sport. Lewis writes about very complicated issues in a wonderfully concise and simple way, dropping in various stories that really encapsulate the point he is trying to make. Company OverDrive read immediate response ) or slow ( long-term investor ) at all by marking “ Undoing! Of Behavioural economics this may not be the best starting point, nor is it intended be! Perspective on something device required rationality '' and analytical the undoing project to be went on share. 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