Thinking, Fast and Slow (63 page)

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Authors: Daniel Kahneman

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Irrational
is a strong word
: The view of the mind that Dan Ariely has presented in
Predictably Irrational: The Hidden Forces That Shape Our Decisions
(New York: Harper, 2008) is not much different from mine, but we differ in our use of the term.

accept future addiction
: Gary S. Becker and Kevin M. Murphy, “A Theory of Rational Addiction,”
Journal of Political Economics
96 (1988): 675–700. Nudge: Richard H. Thaler and Cass R. Sunstein,
Nudge: Improving Decisions About Health, Wealth, and Happiness
(New Haven: Yale University Press, 2008).

can institute and enforce
: Atul Gawande,
The Checklist Manifesto: How to Get Things Right
(New York: Holt, 2009). Daniel Kahneman, Dan Lovallo, and Oliver Sibony, “The Big Idea: Before You Make That Big Decision…”
Harvard Business Review
89 (2011): 50–60.

distinctive vocabulary
: Chip Heath, Richard P. Larrick, and Joshua Klayman, “Cognitive Repairs: How Organizational Practices Can Compensate for Individual Shortcomings,”
Research in Organizational Behavior
20 (1998): 1–37.

Index
 

The index that appeared in the print version of this title does not match the pages in your eBook. Please use the search function on your eReading device to search for terms of interest. For your reference, the terms that appear in the print index are listed below.

 

 

 

 

adaptation level

Add-1 task

adjustment; insufficient

affect heuristic; availability and

affective forecasting

airplane crashes

Ajzen, Icek

Alar scare

algorithms; Apgar scores; hostility to; multiple regression

Allais, Maurice

al-Qaeda

ambiguity, suppression of

American Economic Review

amygdala

anchoring index

anchors, anchoring; as adjustment; associative coherence in; associative memory and; measurement of; as priming effect; random, power of; in System 1 and System 2; uses and abuses of

anesthesiologists

angry faces

anomalies

anterior cingulate

Apgar, Virginia

Apgar scores

aphorisms

Ariely, Dan

Arrow, Kenneth

art experts

artifacts, in research

Asch, Solomon

Ashenfelter, Orley

Asian disease problem

assessments, basic

associations; activated ideas in; causality and; priming and

associative coherence; in anchoring; halo effect and; plausibility and, associative coherence (
cont.
); WYSIATI (what you see is all there is) and

associative memory; abnormal events and; anchoring and; causality and; confirmation bias and; creativity and; and estimates of causes of death

Åstebro, Thomas

Atlantic, The

attention; in self-control

paneight="0%" width="-5%">

Attention and Effort
(Kahneman)

Auerbach, Red

authoritarian ideas

availability; affect and; and awareness of one’s biases; expectations about; media and; psychology of; risk assessment and,
see
risk assessment

availability cascades

availability entrepreneurs

 

 

bad and good, distinctions between

banks

bank teller problem

Barber, Brad

Bargh, John

baseball

baseball cards

baseline predictions

base rates; in cab driver problem; causal; in helping experiment; low; statistical; in Tom W problem; in Yale exam problem

basic assessments

basketball

basketball tickets

bat-and-ball problem

Baumeister, Roy

Bayes, Thomas

Bayesian statistics

Bazerman, Max

Beane, Billy

Beatty, Jackson

Becker, Gary

“Becoming Famous Overnight” (Jacoby)

behavioral economics

Behavioral Insight Team

“Belief in the Law of Small Numbers” (Tversky and Kahneman)

beliefs: bias for; past, reconstruction of

Benartzi, Shlomo

Bentham, Jeremy

Berlin, Isaiah

Bernoulli, Daniel

Bernouilli, Nicholas

Beyth, Ruth

bicycle messengers

Black Swan, The
(Taleb)

blame

Blink
(Gladwell)

Borg, Björn

Borgida, Eugene

“Boys Will Be Boys” (Barber and Odean)

Bradlee, Ben

brain; amygdala in; anterior cingulate in; buying and selling and; emotional framing and; frontal area of; pleasure and; prefrontal area of; punishment and; sugar in; threats and; and variations of probabilities

British Toxicology Society

broad framing

Brockman, John

broken-leg rule

budget forecasts

Built to Last
(Collins and Porras)

Bush, George W.

business and leadership practices; at Google

business pundits

 

 

Cabanac, Michel

cab driver problem

cabdrivers, New York City

Californians

Camerer, Colin

cancer; surgery vs. radiation for

Cantril Self-Anchoring Striving Scale

Carroll, Lewis

cars and driving; brakes in; driving tests; fuel economy and; pleasure from

cash box

categories

causal base rates

causal interpretations; correlation and; regression effects and

causal situations

causal stereotypes

causes, and statistics

CEOs; optimistic

certainty effect

CFOs

Chabris, Christopher

chance and randomness; misconceptions of

changing one’s mind

Checklist Manifesto, A
(Gawande)

chess

children: caring for; depressed; time spent with

China

Choice and Consequence
(Schelling)

choice architecture

choices: from description; from experience;
see also
decisions, decision making; risk assessment

“Choices, Values, and Frames” (Kahneman and Tversky)

CIA

Clark, Andrew

climate

Clinical vs. Statistical Prediction: A Theoretical Analysis and a Review of the Evidence
(Meehl)

Clinton, Bill

Coelho, Marta

coffee mug experiments

cognitive busyness

cognitive ease; in basic assessments; and illusions of remembering; and illusions of truth; mood and; and writing persuasive messages; WYSIATI (what you see is all there is) and

cognitive illusions; confusing experiences with memories; of pundits; of remembering; of skill; of stock-picking skill; of truth; of understanding; of validity

Cognitive Reflection Test (CRT)

cognitive strain

Cohen, David

coherence;
see also
associative coherence

Cohn, Beruria

coincidence

coin-on-the-machine experiment

cold-hand experiment

Collins, Jim

colonoscopies

colostomy patients

competence, judging of

competition neglect

complex vs. simple language

concentration

cogndiv height="0%">

“Conditions for Intuitive Expertise: A Failure to Disagree” (Kahneman and Klein)

confidence; bias of, over doubt; overconfidence; WYSIATI (what you see is all there is) and

confirmation bias

conjunction fallacy

conjunctive events, evaluation of

“Consequences of Erudite Vernacular Utilized Irrespective of Necessity: Problems with Using Long Words Needlessly” (Oppenheimer)

contiguity in time and place

control

cookie experiment

correlation; causation and; illusory; regression and; shared factors and

correlation coefficient

cost-benefit correlation

costs

creativity; associative memory and

credibility

Csikszentmihalyi, Mihaly

curriculum team

 

 

Damasio, Antonio

dating question

Dawes, Robyn

Day Reconstruction Method (DRM)

death: causes of; life stories and; organ donation and; reminders of

Deaton, Angus

decisions, decision making; broad framing in; and choice from description; and choice from experience; emotions and vividness in; expectation principle in; in gambles,
see
gambles; global impressions and; hindsight bias and; narrow framing in; optimistic bias in; planning fallacy and; poverty and; premortem and; reference points in; regret and; risk and,
see
risk assessment

decision utility

decision weights; overweighting; unlikely events and; in utility theory vs. prospect theory; vivid outcomes and; vivid probabilities and

decorrelated errors

default options

denominator neglect

depression

Detroit/Michigan problem

Diener, Ed

die roll problem

dinnerware problem

disclosures

disease threats

disgust

disjunctive events, evaluation of

disposition effect

DNA evidence

dolphins

Dosi, Giovanni

doubt; bias of confidence over; premortem and; suppression of

Duke University

Duluth, Minn., bridge in

duration neglect

duration weighting

 

 

earthquakes

eating

eBay

Econometrica

economics; behavioral; Chicago school of; neuroeconomics; preference reversals and; rational-agent model in

economic transactions, fairness in

Econs and Humans

Edge

Edgeworth, Francis

education

effectiveness of search sets

effort; least, law of; in self-control

ego depletion

electricity

electric shocks

emotional coherence,
see
halo effect emotional learning

emotions and mood: activities and; affect heuristic; availability biases and; in basic assessments; cognitive ease and; in decision making; in framing; mood heuristic for happiness; negative, measuring; and outcomes produced by action vs. inaction; paraplegics and; perception of; substitution of question on; in vivid outcomes; in vivid probabilities; weather and; work and

employers, fairness rules and

endangered species

endowment effect; and thinking like a trader

energy, mental

engagement

Enquiry Concerning Human Understanding, An
(Hume)

entrepreneurs; competition neglect by

Epley, Nick

Epstein, Seymour

equal-weighting schemes

Erev, Ido

evaluability hypothesis

evaluations: joint; joint vs. single; single

evidence: one-sided; of witnesses

executive control

expectation principle

expectations

expected utility theory,
see
utility theory

experienced utility

experience sampling

experiencing self; well-being of;
see also
well-being

expert intuition; evaluating; illusions of validity of; overconfidence and; as recognition; risk assessment and; vs. statistical predictions; trust in

expertise,
see
skill

Expert Political Judgment: How Good Is It? How Can We Know?
(Tetlock)

Exxon Valdez
oil spill

eyes, pupil dilation in

 

 

face reading

fairness

fallacies; conjunction; narrative; planning; sunk-cost

familiarity

Far Side, The
(Larson)

fast and frugal heuristic

fast thinking

fatigue

fear

Fechner, Gustav

feedback

Feller, William

financial crisis of 2008

fi

nancial advisers and forecasters

firefighters

first impressions

Fischhoff, Baruch

flight instructors

flood monitor

Florida effect

flow

flowers syllogism

Flyvbjerg, Bent

focus

focusing illusion

fonts

forecasts,
see
predictions and forecasts

football game

Ford Motor Company

formulas; algorithms; Apgar scores; hostility to; for interviews; multiple regression

formulation effects

Fortune

fourfold pattern; in legal cases

Fox, Craig

Fox, Seymour

frames, framing; in Asian disease problem; in child exemption problem; in disclosures; emotional; fuel economy and; good; in KEEP-LOSE study; organ donation and; regulations on; in survival-mortality experiment; in ticket problem

Frederick, Shane

Freedman, David

freedom

Free to Choose
(Friedman)

frequency representation

Frey, Bruno

Friedman, Milton

frowning; availability heuristic and; representativeness and

 

 

gains

Galinsky, Adam

Gallup-Healthways Well-Being Index

Galton, Francis

gambles; bundling of; certainty effect and; emotional framing in; loss aversion in; lottery; mixed; and outcomes produced by action vs. inaction; possibility effect and; psychological value of; regret and; simple; St. Petersburg paradox and; vs. sure things; utility ongsv>
see also
risk assessment

Gates Foundation

Gawande, Atul

Georgellis, Yannis

German Socio-Economic Panel

gestures

Gibbs, Lois

Gigerenzer, Gerd

Gilbert, Daniel

Gilovich, Tom

Gladwell, Malcolm

global warming

glucose

goals

golf

good and bad, distinctions between

Google

gorilla experiment

gossip

Gottman, John

Gould, Stephen Jay

grades and grade point averages (GPAs)

grading students’ essays

Grether, David

group, joining

Guthrie, Chris

 

 

Haidt, Jonathan

halo effect

Halo Effect, The
(Rosenzweig)

happiness; of Californians; dating question and; income and; life stories and; marriage and; mood heuristic for;
see also
well-being happy faces

happy words

Harding, Warren G.

Harvard Medical School

Harvard University

health: disease threats and; well-being and; risks and;
see also
medicine

health survey problem

health violation penalties

Hebrew University of Jerusalem

“Hedgehog and the Fox, The” (Berlin)

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