Monday, April 2, 2018

"The Undoing Project," by Michael Lewis

     This is mainly an account of the relationship between Daniel Kahneman and Amos Tversky that resulted in Kahneman being awarded the Nobel Prize for Economics six years after the death of Tversky. (Nobel Prizes are only awarded to the living) 
     Kahneman gave great credit to Tversky for his contribution to their joint work.
     Both were mathematically inclined psychologists who explored decision-making, and especially the irrational nature of many of the thought processes that lead to our decisions. Much of the book is devoted to biographical accounts of their lives and their sometimes troubled personnel and professional relationship.
     Interesting--yes, but a lot of the explanation of what they were fleshing out is rather turgid. There are some fascinating descriptions of how much their work influenced decision-making in certain fields, particularly in medical decisions.
     One of the oddities about this book are three chapters in which the protagonists play a minor role--one on the selection of professional basket-ball players, and two others on a Canadian doctor's work in refining the way medical decisions are taken.
      If one is interested in this general field of human irrationality, my recollection is that  Kahneman's book--"Thinking Fast and Slow" is a more entertaining read.

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