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Noise Summary

Daniel Kahneman

Noise

by Daniel Kahneman

Noise

Daniel Kahneman

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This book, from the author of the bestselling Thinking Fast and Slow, explores the randomness of human judgment – known as noise – and the strategies we can use to reduce noise and make a fairer world.

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Noise

by Daniel Kahneman

Noise

Daniel Kahneman

Overview

Humans like orders and systems. They help us retain the image of a predictable and stable world. But there is a universe of variability that we'd rather ignore, and that's the noise. This seemingly random variability is not necessarily something 'bad.' What is bad is trying to ignore it, or, even worse, trying to simplify it by resorting to our typical biases and systematic errors in judgment.

Daniel Kahneman, Nobel prize winner, decided to take a fresh look at the human decision-making process. In his previous works - Thinking, Fast and Slow, for instance - Kahneman mainly focused on systematic human errors and biases in judgment. Noise tackles all the problems that arise from the intervention of noise and randomness in our daily lives.

A Princeton professor of psychology, Kahneman teamed up with Olivier Sibony, an expert in human decision-making processes, and Cass Sunstein, a legal expert, in order to bring us the whole spectrum of 'noise effects' in human judgments.

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Favorite Quote

"Wherever there is judgment, there is noise, and more of it than you think."

Daniel Kahneman, Olivier Sibony, Cass R. Sunstein

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Noise

Daniel Kahneman

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