Tag Archives: Daniel Kahneman

BOOK REVIEW: “The Art of Choosing” by Sheena Iyengar (2010)

The Art of ChoosingIn a magazine interview, Catherine Zeta-Jones, the Welsh actress and wife of Michael Douglas, describes one of her daily chores, which involve making choices. 

It is,” she said, “deciding whether to buy that beautiful little dress she had found while shopping in California, knowing full well that the shoes you need to go with it were in one of your homes in the Caribbean or Europe.”  

Pity the rich and famous!

We have more choices today than we have ever had in history and yet making countless decisions each day may be a burden rather than a pleasure.  In this excellent book, which brings in scientific research and personal examples, Dr. Sheena Iyengar, Professor at Columbia University, describes just why some of these choices are so difficult. 

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Filed under Book Review, Consumer Behavior, Consumption, Economics, India, Psychology, USA

BOOK REVIEW: “Blink” by Malcolm Gladwell (2007)

The subtitle to this book is “The Power of Thinking without Thinking.” Having read it, you have to wonder just how much thinking really went in to putting the thing together.

This is the worst type of “business” book; a collection (jumble) of stories and anecdotes that try to pass themselves off as having some foundation in science.  

Read it, blink and you will have already forgotten the contents.

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Filed under Book Review, Business, Entrepreneurship, Higher Education, Innovation, Leadership, Management, Psychology, Research, Strategy, Technology

BOOK REVIEW: “Thinking, Fast and Slow” by Daniel Kahneman (2011)

Thinking Fast and Slow is one of Amazon’s best sellers at the moment. Deservedly, so. This book is the summary of the research done by Nobel Prize winner Daniel Kahneman for the past 40 years in behavioral economics.

Behavioral what? Don’t switch off just yet. The book is easy to read and a lot of fun. Have you ever thought that you were being a bit lazy (intellectually speaking, that is?) This book will explain why and a whole lot more. It gives any business person a sharp insight into how irrational decisions can be made by some very intelligent people. Kahneman is a brilliant scholar and an absolute delight to read.

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Filed under Book Review, Business, Business Schools, Entrepreneurship, France, Intercultural, Management, Psychology, Research, Strategy, USA