Thinking, Fast and Slow

This book explores decision-making through the lens of behavioral economics to explain why we make poor choices about things that matter, including food, financial investments, health, and education. Behavioral economist Richard Thaler and Harvard Law School professor Cass Sunstein offer insights on how biases that influence decisions in everyday life and public policy are developed through our thought pathways and settings. The authors suggest that understanding the sources of bias will “nudge” us toward making the…

This book offers practical guidance for making good choices about everyday matters such as where to live, when to look for a new job, which person should be hired, or what business strategy should be pursued. The authors explain that few people are equipped with useful decision-making skills and offer a proven, straightforward, and flexible roadmap and procedural tools for making better and more impactful decisions and achieving goals in all aspects of life. The…

This book draws from the experiences of some of the most successful forecasters in America to provide an account of how predictions are made in settings as diverse as hurricanes, baseball, poker, and the stock market. The author, a leading forecaster and forecasting blogger, developed an innovative system for predicting baseball performance and predicted with near perfection the 2008 and 2012 presidential elections. From a wealth of personal knowledge and interviews with other experts, he…