Judgment Under Uncertainty by Daniel Kahneman

Heuristics and Biases

This seminal work delves into the cognitive biases and heuristics that influence human judgment and decision-making under conditions of uncertainty. It explores how people often rely on mental shortcuts that can lead to systematic errors, challenging the traditional economic assumption of human rationality. Through a series of experiments and studies, the book illustrates how these biases affect various aspects of life, from everyday decisions to significant policy-making, ultimately highlighting the need for awareness and understanding of these psychological processes to improve decision-making outcomes.