In this chapter, Kahneman discusses the role of availability, emotion, and risk in thinking. He argues that these factors can lead us to make mistakes when we make judgments about risk.
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Similar ideas to Chapter 11: Availability, Emotion, and Risk
When you take action based on emotion, you're doomed to suffer in life. Realizing that emotion has no rational way of thinking. Helps us overcome many years of suffering in life.
We, human need emotion( to stay connected with fellow being) But, that don't mean that we will let it decide or ...
Risk is more than something bad happening. How risky something is, depends on whether you're prepared for it. A small thing out of the blue can be deadly.
We should also remember this when thinking about the economy and our investments.
The fact that we live in an age of information should allow us to make super-informed, data-driven decisions all the time.
But the widespread availability of information does not mean that we actually use it even if we have it: decades of research in psychology and behavio...
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