undoing_project

Why did I pick this book ?

The tagline of the book is “A friendship that changed the world”. To be frank, I got carried away by the tagline.  Also one of the author’s book was made into a movie ‘Moneyball’ which even a casual student of mathematics would have enjoyed. The other reason I am a continuous but lousy student of wanting to understand how people base their decisions and the science behind it.

What do I like about the book ?

This book gives a perspective about the intricacies behind the relationship between two professors of pscyhology Daniel Kahneman and Amos Trovsky. Despite being individually brilliant and different, it traces how they used their complementary skills to create a difference in every field ranging from defence to medicine. A very interesting example is the changing of the standard psychology test in the entry to Israeli defences forces. to predict which kind of unit the person should be assigned to from the beginning! Also the book talks about the undercurrents that happen when two equally brilliant people  colloborate.

What is one interesting idea that I learnt ?

The many motivations behind adapting psychology into economics and the implications for it. Some of the concepts like ‘loss aversion’ gave me an insight into my own decision making.

Also, The motivation behind choice architecture. You can see in gmail, when you type the word attachment and forgot to attach anything, it would ask ‘Did you forgot to attach’ or something like that.

How long it would take ?

It classifies as a heavy but fast read and would take anywhere between 18-24 hours.

Paras or Quotes that I liked

A part of good science is to see what everyone else can see but think no one else has ever said.

Have Fun (Enjoy Maadi)

Zunder

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