michael lewis new book the undoing project

He is portrayed as an outsider and a hard-working person who wants to change how decisions are made in professional sports. The first chapter focuses on Darryl Morey, the general manager of the Houston Rockets professional basketball team. The Undoing Project uses two Israeli psychologists who analyzed decision making processes as its subject matter these experts seek to discover how people make decisions and why they make them. However, he notes that while data analysis is important for finding good players and coaches, it’s not enough without human intuition. In Moneyball, Lewis focused on how data analysis can be used to find valuable players in baseball (the Oakland Athletics’ use of statistics). In the introduction, Lewis positions his book as a follow-up to Moneyball. Introduction: “The Problem That Never Goes Away” Their work is a testament to what can happen when people challenge the status quo, remain receptive to new ideas that could help shape society, and provide deeper insight into the mystery of human experience. They challenged the status quo by questioning conventional wisdom and using new ideas to shape society. Though Kahneman and Tversky had different personalities, they were both united in purpose. They were driven by their primary question: when humans make decisions, what are they actually doing? Kahneman was a Holocaust survivor and Tversky fought in the Israeli army as an officer before moving to America with his family when he was young.ĭaniel Kahneman and Amos Tversky, two psychologists at Hebrew University in Jerusalem, published a lot of papers focusing on judgment and decision making.

Both men felt very strongly about their native countries (Israel) and wanted to do something useful for them.

Their collaboration was often compared to a marriage, but their relationship eventually ended in divorce because they had different opinions on how to run the company that they founded together. They were incredibly close friends who worked together to create a new field of study called behavioral economics. This book is about two brilliant men, Kahneman and Tversky. It also delves into why people’s judgments are flawed and how algorithms can be used to make better decisions. The book explores their work in behavioral economics, which has changed how people view human decision-making. The Undoing Project (2016) is a book about the friendship between two Israeli psychologists, Amos Tversky and Daniel Kahneman. 1-Page Summary of The Undoing Project Overall Summary

Michael lewis new book the undoing project