
Edited volume
Eugene Higgins Professor of Psychology Emeritus, Princeton University; Nobel laureate in economics 2002
Prospect theory and the heuristics-and-biases programme are the primary psychological foundation the whole of behavioral finance builds on.
Chosen by shared topics, the entries that hold them, and the people who recommended both.
Papers on how people choose under risk, from prospect theory to framing.
Edited volume.
Kahneman died 27 March 2024; this was his last book.
Kahneman's synthesis of behavioral economics is the cognitive science underpinning every negotiation tactic. Anchoring, loss aversion, framing effects, and the planning fallacy — understanding why these biases operate, not just that they exist, makes you harder to exploit and more honest about your own irrationality.
“…books I've recommended, highlighted to death, or forced on friends.” — Andrew Wilkinson
Source: Andrew Wilkinson's Bookshelf, neverenough.com
Recommended by: Andrew Wilkinson, Charles de Vaulx and 32 others
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