Book Review: The Undoing Project

undoing projectIsraeli psychologists Daniel Kahneman and Amos Tversky spent hours and hours discussing theoretical concepts in psychology, developing an amazing working relationship that would completely change multiple fields in the social sciences.

Their discussions led to countless experiments and papers that rewrote our understanding of how the human brain worked. They identified and analyzed cognitive biases, invented prospect theory, explained loss aversion, and developed the entirely new field of behavioral economics. By exploring how the human mind calculates probability, their research in prospect theory changed the way doctors diagnose illnesses and eventually earned Kahneman a Nobel Memorial Prize in Economics.

Michael Lewis makes their prolific, often esoteric studies accessible to the layman, while telling the amazing story of two peculiar men whose friendship changed the world.

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