Review Thinking Fast and Slow

Thinking Fast and Slow by Daniel Kahneman.

  1. System 1 and System 2:
    • Fast and automatic vs slow and logic
  2. Anchoring: we don’t really know the value of something
  3. Science of availability
  4. Loss aversion
  5. Framing
  6. Sunk cost: your decision in the present is affected by the past