Thinking - Fast and Slow
Daniel Kahneman
Contributed by Larisa Brooke
Chapter 17
Summary

The chapter analyses a biased way of decision making that has been relied upon for decades. Kahneman states that people are meant to believe that if similarly doing things produced desirable results, then they should do things the same way at all times. Regression reasonably relates to the mean which occurrence relate to the correlation between two parameters when it is less than perfect. Conversations that sprout out from causative factors will influence people from a statistical background to casually argue which is a contra case.

Analysis

People have belief things done in a certain way produced success has been a substantiated way of handling future issues. The reliance is a bias, since time and occurrence change. There are no direct confirmations that doing things in the same old way leads to the success of an event. It is also unfair to conclude that the focus of an outcome is projected on the causes. System 1 analyzes and attaches events on their roots, although it is unfair to conclude so. There is more than what meets the eye, and scientist believes so, and similarly does psychology.

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