Thinking - Fast and Slow
Daniel Kahneman
Contributed by Larisa Brooke
Chapter 30
Summary

This chapter highlights the weight that some trivial things have on people’s minds. Kahneman introduces the chapter with an anecdote of the prevalent 2004 bus bombings in Israel. As he recounts, these occurrences were relatively minor and had a very insignificant effect on the general population of drivers in the country. Nonetheless, people held these events with a significantly high accord, far more than they deserved. Kahneman goes on to shed light on the fundamentals of overestimation and to overweight, where he outlines the behavior of people regarding minor concerns. The author also sheds new light on vivid outcomes, where gamblers and other people portray a significant discrepancy regarding the sensitivity that the result of an event is fully or nearly known.

Analysis

Kahneman uses this chapter to outline the way people treat some minor circumstances due to their intuitions. According, people are highly likely to handle unlikely events with a high accord while disregarding occurrences that are highly likely to occur. Typically, they do so to achieve the satisfaction of justifying their decisions. In situations entailing rare circumstances, the probability of the incidents of such conditions is highly likely to be miscalculated, and in most cases, overstated.

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