Fact-checked by Grok 2 weeks ago

The Undoing Project

The Undoing Project: A Friendship That Changed Our Minds is a 2016 non-fiction book by American author , published by , that chronicles the groundbreaking collaboration between Israeli-American psychologists and . The narrative centers on their friendship and joint research, which challenged traditional economic theories by revealing systematic flaws in human judgment and decision-making, ultimately founding the field of . Their work, beginning in 1969 at the , demonstrated how cognitive biases—such as the , , and —influence reasoning, using experiments like the "Linda the feminist bank teller" scenario to show how stereotypes override probabilistic thinking. Lewis portrays the duo's partnership as an intense intellectual , marked by shared authorship on papers typed alternately at a single and a dynamic interplay of Tversky's and Kahneman's depth, often described as "sharing a ." Their studies debunked myths like the "" in and applied concepts such as to the mean to real-world scenarios, including pilot training. Despite their profound bond, the book also explores tensions that arose, including professional rivalries and personal strains, culminating in Kahneman receiving the in Economic Sciences in 2002 for their , while Tversky, who died in 1996, was posthumously recognized. The book's themes extend to broader implications of their research, influencing fields like evidence-based medicine, government policy, Big Data analysis, and even Lewis's own earlier works such as Moneyball. By "undoing" assumptions of human rationality, Kahneman and Tversky's insights have reshaped understandings of uncertainty, expert overconfidence, and everyday choices, from retirement savings to cellphone usage habits.

Background

Daniel Kahneman

Daniel Kahneman was born on March 5, 1934, in , , during a visit by his mother to relatives; his parents, who were of Lithuanian Jewish descent, were living in at the time. The family soon relocated to , where Kahneman spent his early childhood amid a culturally rich but precarious environment. His father worked as the chief of research in a large chemical factory, fostering an intellectually stimulating home. However, the Nazi occupation of in 1940 upended their lives; Kahneman's father was arrested in 1942 but released after intervention, leading the family to hide for the remainder of . Experiences of , including a traumatic encounter where a stranger, upon seeing his yellow star, offered him money for candy—which terrified his mother—ignited his fascination with human behavior and its unpredictability. Tragically, his father succumbed to complications in 1944, just weeks before the city's liberation, leaving a lasting impact on the young Kahneman. Following the war, Kahneman's mother reunited the family remnants and emigrated to the newly established State of Israel in 1948, where he joined her at age 14. He enrolled at the , completing a BSc in with a minor in in 1954 after an accelerated two-year program. Demonstrating early academic promise despite self-described mediocrity in , after he spent a year in as a to before returning to Jerusalem and pursuing graduate studies in the . Kahneman's mandatory military service in the Israeli Defense Forces spanned 1954 to 1956, beginning with a year as a leading an before his transfer to the Branch. There, at age 21, he contributed to developing protocols and assessment methods for selecting and training officers, drawing on his nascent psychological expertise to evaluate traits like potential and sociability. This practical honed his analytical approach to human judgment. He then obtained a PhD in from the , in 1961, with a dissertation on an analytical model of the —a tool for measuring emotional connotations of words. Returning to Hebrew University as a lecturer that year, Kahneman initially concentrated his research on sensory perception, particularly visual attention and pupil dilation as indicators of cognitive effort. By the late 1960s, however, his focus evolved toward the psychological processes underlying judgment under uncertainty. Often characterized as introspective and prone to self-doubt—qualities rooted in his wartime isolation and —Kahneman's personality contrasted with more assertive contemporaries, enabling profound empathy for cognitive flaws in . These traits profoundly influenced his emerging insights into human . In 1969, during a graduate seminar at the , he invited to guest lecture, marking the start of their influential partnership.

Amos Tversky

Amos Tversky was born on March 16, 1937, in , (now ), to parents who had emigrated from . His father, Tversky, was a , while his mother, Jenia Tversky, worked as a social worker and served as a member of the for in 1951–1955, 1959–1961, and 1963 until her death in 1964. Growing up in a family with strong Zionist roots, Tversky developed an early interest in intellectual pursuits, influenced by his parents' professional and political engagements. Following high school, Tversky served in the from 1954 to 1956, enlisting in the where he participated in combat operations during the 1956 . His military service was distinguished; he rose to the rank of and received decorations for bravery, experiences that cultivated his qualities and comfort with risk-taking. Tversky pursued higher education at the , earning a in in 1961. He then moved to the for graduate studies, completing a in at the in 1965; his dissertation, supervised by Clyde Coombs, focused on signal detection theory within the framework of . After briefly teaching at , he returned to in 1965 and joined the faculty at , where he began his academic career with research on under and foundational aspects of , including measurement theory and utility models. Known for his charismatic and quick-witted , Tversky was often described as the more outgoing and assertive in intellectual collaborations, bringing a focus on rigorous quantitative modeling to his work. Athletic and broad-shouldered, he excelled in sports like , reflecting a dynamic that complemented more introspective colleagues in Israel's vibrant academic scene.

The Collaboration

Meeting and early partnership

Daniel Kahneman and Amos Tversky first encountered each other meaningfully in the spring of 1969 at , where Kahneman had invited Tversky to deliver a guest lecture in his graduate seminar titled "Applications of ," focused on real-world problems including . Following the lecture, the two continued their discussion, including over lunches, where they bonded over shared experiences in the —Kahneman through psychological research on officer selection and training, and Tversky as a —and their mutual fascination with human judgment flaws. This interaction ignited an intellectual spark, as Kahneman challenged Tversky's presentation on intuitive judgments, highlighting inconsistencies between intuition and rational models, which aligned with their emerging shared research interests in cognitive biases. Their formal collaboration began in 1970, when they started delivering joint lectures and designing experiments together at Hebrew University, merging Kahneman's clinically derived insights into perceptual and cognitive errors with Tversky's rigorous mathematical modeling of probabilistic reasoning. This partnership quickly evolved into a deep personal friendship, marked by daily, hours-long conversations that dissected ideas with extraordinary intensity, periods of cohabitation during academic travels to places like , and a profound reciprocal influence that reshaped each man's intellectual framework. The duo's early collaboration culminated in their first joint publication in 1971, titled "Belief in the ," which exposed systematic errors in the intuitive statistical judgments of trained researchers and psychologists, signaling the onset of their groundbreaking body of work.

Key discoveries in

Kahneman and Tversky's joint research revolutionized the understanding of judgment and decision-making by identifying cognitive heuristics that lead to systematic biases under uncertainty. In their landmark 1974 paper "Judgment under Uncertainty: Heuristics and Biases," published in Science, they outlined three primary heuristics: representativeness, , and anchoring and adjustment. These mental shortcuts, while efficient, often produce predictable errors in probabilistic reasoning, diverging from normative statistical models. The involves evaluating the probability of an event or category by how closely it resembles a or , frequently ignoring base-rate information. For instance, individuals might assess a reserved and meticulous person's likelihood of being a as higher than that of a salesperson, despite salespeople vastly outnumbering librarians in the population, leading to biases like base-rate neglect and misconceptions of chance. The availability heuristic bases probability estimates on the ease with which relevant instances can be retrieved from memory, causing overestimation of salient or emotionally charged events. An example is judging the frequency of causes of death, such as underestimating risks like while overestimating dramatic ones like floods, due to media coverage and recency effects. Anchoring and adjustment occurs when people form estimates by starting from an arbitrary initial value and making insufficient adjustments, resulting in estimates biased toward the anchor. In one experiment, participants estimating the percentage of African countries in the adjusted from a randomly spun wheel value (e.g., 10 or 65), producing medians of 25 and 45, respectively, demonstrating how irrelevant anchors skew judgments. This 1974 work established that intuitive judgments deviate systematically from rational benchmarks, laying the groundwork for behavioral insights into human error. It has been cited over 50,000 times, influencing cognitive psychology by shifting focus from error-free rationality to bounded cognition. Advancing their framework, Kahneman and Tversky introduced prospect theory in their 1979 Econometrica paper "Prospect Theory: An Analysis of Decision under Risk," which models choices under risk more descriptively than expected utility theory. Unlike expected utility's focus on final wealth states, prospect theory evaluates outcomes as gains or losses relative to a neutral reference point, capturing real-world risk attitudes. Central to prospect theory is the value function, which is concave for gains—reflecting —and convex for losses—indicating risk-seeking behavior—with a steeper slope for losses, embodying where the pain of losses exceeds the pleasure of equivalent gains. Reference dependence underscores that values depend on perceived changes from the reference, not absolute outcomes, while probability weighting distorts objective probabilities by overweighting low probabilities (e.g., lotteries) and underweighting high ones (e.g., ). These elements explain paradoxes like the , where people reject fair gambles to avoid certain loss, challenging expected utility's linearity in probabilities and utilities. Framing effects, further elaborated in their 1981 Science paper "The Framing of Decisions and the Psychology of Choice," illustrate how the presentation of equivalent options influences preferences, violating invariance principles of rational choice. In the classic Asian disease problem, participants faced a hypothetical outbreak expected to kill 600 people; when framed positively as "saving 200 lives for sure" versus a "1/3 chance to save all 600," 72% chose the certain option, showing in gains. Reframed negatively as "400 deaths for sure" versus a "1/3 chance no deaths," 78% opted for the risky choice, exhibiting risk-seeking in losses—despite the programs being mathematically identical. This effect persisted across diverse groups, including physicians, highlighting framing's robustness in medical and policy contexts. Their discoveries have reshaped multiple disciplines by challenging the rational . In economics, and heuristics birthed , integrating psychological biases into models of markets and incentives, as evidenced by Kahneman's 2002 in Economic Sciences. In policy, concepts like inform "nudge" strategies, such as default options in retirement savings to counter inertia. In , framing effects guide communication of risks, improving adherence by emphasizing gains over losses in survival rates. Overall, their work underscores the need for debiasing tools in high-stakes decisions, influencing regulatory frameworks worldwide.

Book Content

Narrative structure

Michael Lewis structures The Undoing Project as a character-driven that intertwines the personal biographies of and with the intellectual drama of their collaboration, employing a non-linear timeline to build suspense around the eventual strains in their partnership. The book opens with a centered on Lewis's own encounter with their psychological insights through the lens of , specifically referencing how , general manager of the , applied concepts of decision-making biases during an , echoing the irrationality themes from Lewis's earlier work . This entry point highlights how Kahneman and Tversky's ideas on cognitive errors permeated practical fields like , setting a dramatic tone that underscores human fallibility in high-stakes judgments. The narrative unfolds through a non-linear progression that alternates between the duo's early lives, their collaborative peaks in the , and the later tensions that threatened their bond, creating a suspenseful arc often referred to as of their relationship. Chapter progression begins by delving into Kahneman's personal insecurities and outsider status in , contrasting with Tversky's confident insider , before shifting to their transformative meeting and joint triumphs in challenging rational economic models. This builds to explorations of the personal and professional costs of their work, incorporating vivid vignettes such as dilemmas faced by hospital patients to illustrate under , all while weaving in flashbacks to formative experiences like Kahneman's wartime childhood and Tversky's . Lewis employs a primarily chronological framework from their 1969 encounter to Tversky's 1996 death, punctuated by thematic interludes that humanize the scientists through anecdotes drawn from their lives. Lewis's storytelling style is distinctly narrative-driven, reconstructing dialogues and scenes from extensive interviews conducted over seven years with Kahneman, Tversky's family, and colleagues, which lends an intimate, almost novelistic quality to the . This approach blends elements of , as Lewis occasionally reflects on his and initial reluctance to write the at Kahneman's urging, creating a layered text that not only recounts events but also mirrors the psychological themes of and error. The is divided into two broad parts: the first focusing on their personal collaboration and contrasting personalities, and the second examining key theoretical developments, though the overall structure prioritizes emotional and dramatic flow over strict academic exposition. In the , Lewis reflects on the enduring nature of their amid the strains of professional jealousy and Tversky's illness, culminating in their and Kahneman's eventual , which ties the personal narrative back to broader insights on human connection and . This closing emphasizes the redemptive aspects of their , framing the "undoing" not as a complete rupture but as a poignant to the innovative legacy they built together.

Central themes and concepts

The Undoing Project explores the theme of intellectual through the unlikely partnership between , characterized by persistent doubt and self-criticism, and , marked by unshakeable confidence and . Their contrasting personalities—Kahneman's caution complementing Tversky's bold —fostered a dynamic collaboration that produced seminal insights into human judgment, transforming abstract into accessible, revolutionary ideas. However, this also sowed seeds of tension, as professional successes amplified feelings of , particularly when Tversky received greater recognition, straining their bond over time. A core concept in the book is the prevalence of cognitive illusions, vividly illustrated through the distinction between System 1 and System 2 thinking. represents fast, intuitive processes that operate automatically and efficiently but are prone to biases, while System 2 involves slower, deliberate reasoning that requires effort and can override intuitive errors. presents these ideas narratively, drawing on Kahneman and Tversky's experiments to show how everyday decisions often fall prey to these mental shortcuts, humanizing the science of flawed . The narrative also delves into the personal cost of genius, portraying the relentless obsession that drove Kahneman and Tversky's achievements at great emotional expense. Tversky's intense led to chronic overwork, blurring the lines between professional ambition and personal well-being, while Kahneman grappled with profound , constantly questioning his own intellect despite his contributions. These vulnerabilities underscore the human fragility behind intellectual triumphs, revealing how the pursuit of groundbreaking ideas exacted a toll on their and relationships. Central to the book is the undoing of , a direct critique of the "" model that assumes individuals make consistently logical, self-interested decisions. Kahneman and Tversky's work demonstrates that real-world choices are heavily influenced by emotions, cognitive biases, and irrational heuristics, challenging economists' idealized view of and paving the way for . Lewis emphasizes how these findings reveal the gap between theoretical and actual , driven by forces rather than pure logic. The broader implications of these concepts are brought to life through illustrative stories, such as the "," which exemplifies the —a where people judge a specific, detailed as more probable than a general one. In the vignette, participants rate "Linda is a and is active in the " as more likely than "Linda is a ," despite the former being a of the latter, highlighting how narrative coherence overrides . This example, drawn from Kahneman and Tversky's research, serves to humanize abstract cognitive errors, showing their everyday relevance in judgment and .

Writing and Publication

Michael Lewis's involvement

Michael Lewis first encountered the profound influence of Daniel Kahneman and Amos Tversky through a series of interviews conducted for a 2011 Vanity Fair profile on Kahneman, where he discussed the psychologist's upcoming book Thinking, Fast and Slow and the groundbreaking collaborative research with Tversky on cognitive biases and decision-making heuristics. This interaction highlighted how their work on human irrationality had permeated fields like finance and sports analytics, resonating with themes in Lewis's prior books such as Moneyball (2003), which explored exploiting inefficiencies in baseball scouting, and The Big Short (2010), which examined overlooked risks in financial markets. Lewis's fascination grew from seeing Kahneman and Tversky as intellectual underdogs who upended rational actor assumptions in economics, much like the protagonists in his narratives who capitalized on systemic flaws. The concept for The Undoing Project emerged as Lewis traced the roots of statistical revolutions in sports back to Kahneman and Tversky's behavioral insights, connecting to themes in Moneyball. For the book, Lewis immersed himself in an intensive research process, conducting extensive interviews with Kahneman over multiple sessions that included joint travels to Israel, where they visited key locations from the psychologists' early careers, such as an Israeli army base tied to their formative experiences. He also drew on conversations with Tversky's family—Lewis had previously taught Tversky's son Oren at the University of California, Berkeley—and accessed personal correspondences and unpublished materials to reconstruct their partnership. Throughout, Lewis collaborated closely with Kahneman to verify details, ensuring the narrative aligned with historical accuracy while capturing the emotional depth of their collaboration. Lewis drafted the manuscript amid his family life in Berkeley, California, where he has long resided and where many of the interviews took place, allowing him to interweave personal reflections on underdogs and inefficiencies into the story. This enabled Lewis to frame the book as an extension of his ongoing exploration of how overlooked human elements drive transformative change in competitive arenas.

Release details

The Undoing Project: A Friendship That Changed Our Minds was published by on December 6, 2016, in hardcover format comprising 368 pages with the 978-0-393-25459-4. A paperback edition followed on October 31, 2017, also from , maintaining the same page count. An unabridged audiobook edition, narrated by and running approximately 10 hours and 18 minutes, was released concurrently by Audio and made available on platforms including Audible. The book has since been translated into multiple languages for international markets, including (as Une amitié qui a transformé nos esprits) and . The release was supported by a promotional tour led by author Michael Lewis, which included an interview on NPR's Fresh Air on the publication date and features in The New York Times, leveraging sustained interest in behavioral economics in the years following Daniel Kahneman's 2002 Nobel Prize in Economic Sciences. This work succeeded Lewis's 2014 bestseller Flash Boys: A Wall Street Revolt and continues his tradition of non-fiction explorations into overlooked societal mechanisms.

Reception

Critical reviews

The Undoing Project received widespread critical acclaim for its engaging narrative style and ability to humanize complex psychological concepts. In a 2016 review, praised the book for blending intellectual rigor with vivid portraiture, noting that it effectively illuminates the groundbreaking work of and while evoking emotional responses from readers. Similarly, highlighted the book's portrayal of the duo's friendship, describing it as captivating and rich in emotional depth, which brought their intellectual partnership to life for a general audience. Critics specifically commended Michael Lewis's skill in making scientific ideas accessible without sacrificing substance. The described the book as potentially Lewis's finest work, lauding his mastery of nonfiction narrative in weaving together biography and intellectual history. echoed this, calling Lewis's prose engaging and irresistible while appreciating how he explained the irrationalities in human decision-making drawn from Tversky and Kahneman's research in a clear, relatable manner. Despite the praise, some reviewers critiqued the book for occasionally prioritizing storytelling over technical depth. noted that while Lewis excels at simplifying complex ideas, this approach sometimes skimmed the surface of the psychologists' rigorous methodologies, leaving readers wanting more on the scientific intricacies. Others pointed to minor over-dramatization in depicting personal conflicts, with Kirkus observing that details of the collaborators' relationship at times overshadowed the broader narrative. Notable endorsements included positive reactions from figures in the field, and the book holds an average rating of 4.00 out of 5 on Goodreads, based on over 63,000 ratings. It was nominated for the 2017 Goodreads Choice Award in History & Biography but received no major literary awards.

Commercial performance

Upon its release on December 6, 2016, The Undoing Project achieved immediate commercial success, selling 54,669 copies in its first full week of sales as reported by Nielsen BookScan. The book debuted at number one on the New York Times Best Sellers list in the business books category on December 18, 2016, and remained on the list for multiple weeks, including positions in the top five through early 2017. It also entered the USA Today Best-Selling Books list at number five in mid-December 2016, marking Michael Lewis's tenth appearance on that ranking. On , the book launched at number two in the Best Sellers category and sustained top-10 placement for several weeks, reflecting strong initial demand in the nonfiction segment. Internationally, it performed well in the , where the hardcover edition was released by on December 6, 2016, and the paperback by Penguin on October 31, 2017, garnering over 10,000 customer reviews on as of 2025, indicating robust market reception across . The version, narrated by and released simultaneously, contributed to overall sales through platforms like Audible, where it received high ratings and steady streams. The title's performance was propelled by Lewis's established readership from prior bestsellers such as and , which had collectively sold millions of copies, alongside the contemporaneous rise of concepts like in discussions. In the years following, the book maintained a long-tail presence with continued reprints by W.W. Norton and expanded digital availability.

Legacy

Impact on behavioral economics

Michael Lewis's The Undoing Project (2016) provided an accessible narrative of and Amos Tversky's collaboration, amplifying their by retelling its development in a way that resonated beyond academic circles and spurred renewed interest in journals. , introduced in their seminal 1979 paper, posits that people value gains and losses differently, with losses looming larger than equivalent gains—a concept known as . The book's engaging style drew attention to this framework, influencing subsequent economic research on under risk, particularly in where explains investor behavior during market downturns. The book also bolstered policy applications of , enhancing the visibility of "nudge" strategies derived from Kahneman and Tversky's insights. , popularized by and , uses subtle environmental cues to guide better decisions without restricting choice, and The Undoing Project reinforced its foundations by humanizing the psychological research behind it. In academic settings, the book enriched the legacy of Kahneman's 2002 in Economic Sciences, framing his award as a recognition of integrating psychology into economics and inspiring dedicated courses in at institutions like . Stanford's Center for Advanced Study in the Behavioral Sciences (CASBS), where both researchers were fellows, highlights the book in its history of the field, using it to illustrate the psych-econ bridge. This narrative has encouraged curricula that emphasize heuristics and biases, fostering interdisciplinary training. Despite its influence, The Undoing Project faced from some economists who argued it, like Kahneman and Tversky's broader work, oversimplified rational choice models by overemphasizing lab-demonstrated "irrationalities" that may not hold in real-world contexts. Critics such as contended these apparent biases are adaptive heuristics, while mainstream economists viewed deviations as marginal and incorporable into existing frameworks without upending neoclassical theory. Nonetheless, the book effectively bridged and , mainstreaming these critiques and promoting a more nuanced view of in economic analysis. Kahneman's death on March 27, 2024, renewed attention to their partnership and the book's portrayal of it, with obituaries and discussions highlighting its role in popularizing their ideas.

Cultural influence

The publication of The Undoing Project has contributed to the broader popularization of Kahneman and Tversky's ideas on cognitive biases and in media formats beyond traditional print. For instance, the book served as a key reference in the 2017 Freakonomics Radio episode "The Men Who Started a Thinking ," which explored the duo's groundbreaking contributions to and their influence on everyday judgments. Similarly, their work, as detailed in the book, has been invoked in discussions on in podcasts like Charles Schwab's Choiceology, where episodes hosted by Katy Milkman delve into psychological traps in high-stakes choices, echoing the heuristics and biases central to the . In , the book has reinforced the application of these concepts in entertainment and self-improvement literature, building on expansions of Kahneman's earlier by integrating biographical insights into analyses of . Its themes of intuitive flaws have permeated discussions in shows addressing ethics and cognitive shortcuts. The book's emphasis on heuristics has amplified its cultural footprint in sports and business, extending the analytics revolution from Lewis's to basketball strategy. Post-2016, NBA teams have increasingly cited Kahneman and Tversky's frameworks in and processes to mitigate biases like anchoring, where initial player rankings unduly influence evaluations, as evidenced in analyses of draft inefficiencies. In the corporate sphere, the principles highlighted in the book inform training programs on debiasing, with organizations adopting tools from —such as those in Google's re:Work resources—to enhance hiring and by countering heuristics in decision processes. On a broader scale, The Undoing Project has heightened engagement with practices aimed at combating biases. Its global dissemination, through translations into at least eight languages including , , , , and Spanish, has enabled discussions in diverse cultural contexts, fostering awareness of decision pitfalls in non-Western settings like community initiatives on .

References

  1. [1]
    The Undoing Project | Michael Lewis | W. W. Norton & Company
    Brilliant. . . . Lewis has given us a spectacular account of two great men who faced up to uncertainty and the limits of human reason.
  2. [2]
    From Michael Lewis, the Story of Two Friends Who Changed How ...
    Dec 6, 2016 · In “The Undoing Project,” Michael Lewis tells the story of the friendship and work of Amos Tversky and Daniel Kahneman, and how they changed ...
  3. [3]
  4. [4]
    Daniel Kahneman, pioneering behavioral psychologist, Nobel ...
    Mar 28, 2024 · Kahneman was born in 1934 in Tel Aviv, during a trip his mother was taking to visit relatives; his parents were living in France at the time.Missing: Paris father's<|control11|><|separator|>
  5. [5]
    Daniel Kahneman – Biographical - NobelPrize.org
    My father was the chief of research in a large chemical factory. But although my parents loved most things French and had some French friends, their roots in ...Missing: WWII | Show results with:WWII
  6. [6]
    Nobel-winning behavioral economist Daniel Kahneman, who ...
    Mar 27, 2024 · Kahneman's father, a diabetic, was unable to secure medication for his condition while in hiding, and died just six weeks before the Allies ...
  7. [7]
    Obituary: Amos Tversky (1937–1006).
    Tversky received his bachelor of arts degree from Hebrew University in Jerusalem in 1961, majoring in philosophy and psychology. He received his doctor of ...
  8. [8]
    Life and Legacy of Psychologist Amos Tversky
    Amos Tversky was born on March 16, 1937, in Haifa, British Mandate of Palestine (now Israel). He grew up in a family deeply rooted in the Zionist movement; his ...
  9. [9]
    Daniel Kahneman and Amos Tversky: A Revolutionary Duo
    Sep 18, 2022 · He was also brave; in between high school and college, he volunteered as a paratrooper and fought in the war of 1956. (Shortform note: The war ...
  10. [10]
  11. [11]
    [PDF] The Undoing Project - Financial Freedom Is A Journey
    To his fellow Israelis, Amos Tversky somehow was, at once, the most extraordinary person they had ever met and the quintessential Israeli. His parents were ...
  12. [12]
    The Two Friends Who Changed How We Think About How We Think
    Dec 7, 2016 · The book “The Undoing Project: A Friendship That Changed Our Minds,” by Michael Lewis, tells the story of the psychologists Amos Tversky, left, and Daniel ...
  13. [13]
    [PDF] Daniel Kahneman - Nobel Lecture
    From its earliest days, the research that Tversky and I conducted was guided by the idea that intuitive judgments occupy a position – perhaps correspond- ing to ...Missing: critique seminar
  14. [14]
    Judgment under Uncertainty: Heuristics and Biases - Science
    This article described three heuristics that are employed in making judgments under uncertainty: (i) representativeness, which is usually employed when people ...Missing: vision | Show results with:vision
  15. [15]
    [PDF] Judgment under Uncertainty: Heuristics and Biases Author(s)
    Biases in judgments reveal some heuristics of thinking under uncertainty. Amos Tversky and Daniel Kahneman. The authors are members of the department of.Missing: vision | Show results with:vision
  16. [16]
    Judgment under Uncertainty: Heuristics and Biases - PubMed
    This article described three heuristics that are employed in making judgements under uncertainty ... Authors. A Tversky, D Kahneman. PMID: 17835457; DOI: 10.1126/ ...
  17. [17]
    Prospect Theory: An Analysis of Decision under Risk - jstor
    BY DANIEL KAHNEMAN AND AMOS TVERSKY'. This paper presents a critique of expected utility theory as a descriptive model of decision making under risk, and ...
  18. [18]
    [PDF] Prospect Theory: An Analysis of Decision under Risk - MIT
    BY DANIEL KAHNEMAN AND AMOS TVERSKY'. This paper presents a critique of expected utility theory as a descriptive model of decision making under risk, ...
  19. [19]
    [PDF] The Framing of Decisions and the Psychology of Choice
    Amos Tversky and Daniel Kahneman. Ecxplanations and predictions o f people's ... Asian disease, which is expected to kill 600 people. Two alternative ...
  20. [20]
    Development of Behavioral Economics - NCBI - NIH
    Drawing on Psychological Theory​​ Cognitive psychologists, particularly Daniel Kahneman and Amos Tversky, contributed concepts that have been critical to the ...
  21. [21]
    Kahneman's legacy in health economics - OHE
    Apr 4, 2024 · Daniel Kahneman's research has had a substantial impact on the field of health economics, and there is still much for us to learn from his work.
  22. [22]
    REVIEW: Michael Lewis on the Complicated Friendship that Created ...
    Dec 7, 2016 · A fresh narrative tracing the partnership of two Israeli psychologists whose pioneering work helped create the entire field of behavioral economics.
  23. [23]
    The Undoing Project review – 'psychology's Lennon and McCartney'
    Dec 11, 2016 · The Undoing Project review – 'psychology's Lennon and McCartney' ... All love stories involve the science of decision making – for better or worse ...
  24. [24]
    Michael Lewis and the Narrative Nonfiction Formula
    which helps us breeze through the book while still retaining and ...
  25. [25]
    The Undoing Project by Michael Lewis: Overview & Takeaways
    Sep 14, 2022 · The Undoing Project by Michael Lewis tells the story of the riveting lives and discoveries of Daniel Kahneman and Amos Tversky. Learn more.
  26. [26]
    The Friendship That Created Behavioral Economics - The Atlantic
    Jan 3, 2017 · In his new book, The Undoing Project, Lewis tells the the lives of Kahneman and Tversky, the friendship that ungirded their ground-breaking research.Missing: critique | Show results with:critique
  27. [27]
    The Undoing Project: A Friendship That Changed Our Minds
    Dec 6, 2016 · THE UNDOING PROJECT explores how Kahneman and Tversky's ... jealousy on the latter's part and their divergent career paths. Both ...
  28. [28]
    Michael Lewis on the King of Human Error
    ### Summary of Michael Lewis's Interaction with Daniel Kahneman
  29. [29]
    The undoing project:The men who shaped Michael Lewis' Moneyball
    Dec 6, 2016 · More than a decade ago, Michael Lewis was following a group of young baseball players through the minor leagues. He was working on a sequel ...<|control11|><|separator|>
  30. [30]
    Michael Lewis Talks About 'the Undoing Project,' Trump and Wall ...
    Dec 18, 2016 · A central theme of "The Undoing Project" is the fallibility of human judgment. · When I wrote "The Undoing Project," I was not thinking of the ...
  31. [31]
    Nate Silver Interviews Michael Lewis About His New Book, 'The ...
    Dec 16, 2016 · Nate Silver Interviews Michael Lewis About His New Book, 'The Undoing Project'. By Nate Silver. Filed under Sparks. By Nate Silver. More: Apple ...
  32. [32]
    The Undoing Project: A Friendship That Changed Our Minds
    The Undoing Project is about a compelling collaboration between two men who have the dimensions of great literary figures. They became heroes in the university ...
  33. [33]
    Editions of The Undoing Project - Michael Lewis - Goodreads
    The Undoing Project: A Friendship That Changed Our Minds. Published October 31st 2017 by W. W. Norton & Company. Paperback, 368 pages ; The Undoing Project: A ...Missing: ISBN marketing print run
  34. [34]
  35. [35]
    Are You Of Two Minds? Michael Lewis' New Book Explores How We ...
    Dec 6, 2016 · In his new book, The Undoing Project, Lewis tells the story of Daniel Kahneman and Amos Tversky, two Israeli psychologists who made some surprising discoveries.
  36. [36]
    Review: Michael Lewis on Two Well Matched (but Finally ...
    which is to say, less plot-driven — than some of his previous books.
  37. [37]
    All Book Marks reviews for The Undoing Project: A Friendship That ...
    At its peak, the book combines intellectual rigor with complex portraiture. During its final pages, I was blinking back tears, hardly your typical reaction to a ...
  38. [38]
    THE UNDOING PROJECT | Kirkus Reviews
    The bestselling author combines biography with recent intellectual history in a saga about the influential Israeli psychologist team of Daniel Kahneman and ...
  39. [39]
    The Undoing Project: A Friendship That Changed Our Mind…
    Rating 4.0 (63,526) Dec 6, 2016 · In The Undoing Project, Lewis shows how their Nobel Prize–winning theory of the mind altered our perception of reality.
  40. [40]
    This Week's Bestsellers: December 19, 2016 - Publishers Weekly
    The Undoing Project, Michael Lewis, Norton, 54,669. 10, Take Heart, My Child, Earhardt/Kim, Aladdin, 51,764. All unit sales per Nielsen BookScan except where ...
  41. [41]
    Michael Lewis has a best seller with 'Undoing Project' - USA Today
    Dec 14, 2016 · Lewis has his 10th USA TODAY best seller with The Undoing Project (Norton), which lands at No. 5. (The other new non-fiction title is Tools of ...
  42. [42]
    The Undoing Project: A Friendship that Changed the World
    £10.11 In stock Rating 4.4 (10,870) The new international bestseller from the author of The Big Short and Flash Boys. A gripping account of how two psychologists reshaped the way we think.
  43. [43]
    Author Michael Lewis on new book, "The Undoing Project - CBS News
    Dec 6, 2016 · Author Michael Lewis has sold more than nine million copies of his books in the United States, and now he's adding another to his collection ...
  44. [44]
    Behavioural economics: did Kahneman and Tversky change the ...
    Jan 16, 2017 · His new book, The Undoing Project, follows the same model, but with much less success. Its subtitle is “a friendship that changed the world ...
  45. [45]
    CASBS in the History of Behavioral Economics
    Jul 11, 2018 · The Undoing Project: A Friendship that Changed our Minds. W.W. Norton. Thaler, Richard H. (2015). Misbehaving: The Making of Behavioral ...Missing: criticism | Show results with:criticism
  46. [46]
    The Men Who Started a Thinking Revolution - Freakonomics
    Jan 4, 2017 · Michael Lewis's book The Undoing Project is a portrait of two men who came together to rewrite many of the assumptions about how people think, ...Freakonomics Radio Network... · Episode Transcript · Resources
  47. [47]
    Choiceology with Katy Milkman - Apple Podcasts
    Rating 4.8 (1,401) Choiceology, an original podcast from Charles Schwab, explores the lessons of behavioral economics to help you improve your judgment and change for good.
  48. [48]
    Anchoring bias in the evaluation of basketball players: A closer look ...
    Feb 7, 2021 · The NBA installed the draft mechanism to fairly distribute young amateur players among its franchises. As this policy hinges on appropriate ...
  49. [49]
    The Undoing Project: A Friendship That Changed the World
    Michael Lewis wrote the story of two Israeli psychologists, Daniel Kahneman and Amos Tversky, who met in the late 1960s at the Hebrew University in Jerusalem.