Richer and more realistic assumptions do not suffice to make a theory successful. Scientiests use theories as a bag of working tools, and they will not take on the burdern of a heavier bag unless the new tools are very useful.
In Science complexity is considered a cost, which must be justified by a sufficiently rich set of new and (preferably) interesting predictions of facts that the existing theory cannot explain
69% on kindle. This chapter concludes with a "cold-hand" experiment, in which most participants favored a 90-second pain over a 60-second pain. The two trials were identical in the first 60 seconds, but participants experienced a pleasurable moment in the last 30 seconds in the former one. The author attributed this (irrational) phenomenon to "duration-neglect" and "peak-end" rules. People make...
66% on kindle. Don't be fooled by the superficial facts of a problem statement. You may give different (sometimes even conflicting) answers if a problem is descibed in different ways. This is called the framing effect, which is resulted by a weak System 2.
61% on kindle. Think like a trader - apply broad framing (as opposed to narrow framing), stick to certain risk policies, and avoid risk aversion on short-term churns. An interesting example. Richard Thaler asked the supervisors of the 25 divisions of a large company to consider a risky option in which, with equal probabilities, they could lose a large amount of the capital they controlled or ea...
“Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.” Excerpt From Thinking, Fast and Slow Kahneman, Daniel
1. 应用这个原理，角度1，‘feel relieved of responsibility’，所以：求助时，不要向群体求助。 2. 应用这个原理，角度2，‘feel relieved of responsibility’，所以：布置工作时，把任务与一个人对接。 3. 出手帮助前，onlookers会考虑的角度： a. 这个事件本身的危险程度，比如，是否致命。例子：地铁上，是否真的需要一个可能错过了站点的乘客 b. 例子a里的乘客，距离我有多远？ = 我是否是最可能成为“第一个”帮助者的...
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