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.
Risk protection is normally done to minimize the harm a particular activity can do to us. There are various things we do to reduce our risk, to make ourselves safer.
Behaviour scientists point out that taking measures to reduce the harm we can do to ourselves, can actually make us take mo...
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