Daniel Kahneman, the author of Thinking, Fast and Slow is a renowned psychologist and a Nobel laureate in Economics. Through this book, he talks about his broader contribution to behavioral psychology and the science of decision-making including this Nobel winning work Prospect Theory.
During the course of our day-to-day functioning, we take innumerous decisions. A majority of these decisions come naturally to us guided by our intuition, often at the risk of fleeting assumptions and systematic errors in judgement. This book deals with understanding those behavioral patterns through an engaging narrative filled with interesting experiments. What I particularly appreciated about the book was it’s constant endeavor to stick to facts and not be preachy. Think of it as a bunch of information that is supposed to nudge you towards making the right call in everyday decisions. Gets a tad informational in the middle but ends with the science of happiness which was a pleasure to read. Overall it’s a great read if you are a person who deals in stats and facts rather than opinions.