An Analysis of Amos Tversky and Daniel Kahneman's Judgment under Uncertainty : Heuristics and Biases book cover
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An Analysis of Amos Tversky and Daniel Kahneman's Judgment under Uncertainty
Heuristics and Biases





ISBN 9781912128945
Published July 21, 2017 by Macat Library
95 Pages

 
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Book Description

Amos Tversky and Daniel Kahneman’s 1974 paper ‘Judgement Under Uncertainty: Heuristics and Biases’ is a landmark in the history of psychology. Though a mere seven pages long, it has helped reshape the study of human rationality, and had a particular impact on economics – where Tversky and Kahneman’s work helped shape the entirely new sub discipline of ‘behavioral economics.’

The paper investigates human decision-making, specifically what human brains tend to do when we are forced to deal with uncertainty or complexity. Based on experiments carried out with volunteers, Tversky and Kahneman discovered that humans make predictable errors of judgement when forced to deal with ambiguous evidence or make challenging decisions. These errors stem from ‘heuristics’ and ‘biases’ – mental shortcuts and assumptions that allow us to make swift, automatic decisions, often usefully and correctly, but occasionally to our detriment.

The paper’s huge influence is due in no small part to its masterful use of high-level interpretative and analytical skills – expressed in Tversky and Kahneman’s concise and clear definitions of the basic heuristics and biases they discovered. Still providing the foundations of new work in the field 40 years later, the two psychologists’ definitions are a model of how good interpretation underpins incisive critical thinking.

Table of Contents

Ways In to the Text 

Who areAmos Tversky and Daniel Kahneman? 

What does Judgment under Uncertainty Say? 

Why does Judgment under Uncertainty Matter? 

Section 1: Influences 

Module 1: The Author and the Historical Context 

Module 2: Academic Context 

Module 3: The Problem 

Module 4: The Author's Contribution 

Section 2: Ideas 

Module 5: Main Ideas 

Module 6: Secondary Ideas 

Module 7: Achievement 

Module 8: Place in the Author's Work 

Section 3: Impact 

Module 9: The First Responses 

Module 10: The Evolving Debate 

Module 11: Impact and Influence Today 

Module 12: Where Next? 

Glossary of Terms 

People Mentioned in the Text 

Works Cited

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Author(s)

Biography

Dr Camille Morvan is a psychologist, researcher and founder of the psychological human resources company Goshaba. She has taught at Sciences Politiques in Paris and at Harvard University, as well as working at the Ecole normale supérieure.

Dr Bill Jenkins holds a PhD in psychology from the University of Michigan. He is currently co-chair of the Department of Psychology at Mercer University.