Judgment under Uncertainty: Heuristics and Biases (book)

"Judgment under Uncertainty: Heuristics and Biases" is a influential book by psychologists Daniel Kahneman and Amos Tversky that explores how people make decisions in uncertain situations. It highlights the mental shortcuts, known as heuristics, that individuals often use to simplify complex problems. While these shortcuts can lead to quick and efficient decisions, they also introduce systematic biases, causing errors in judgment. The book reveals how these cognitive shortcuts affect various areas of life, including finance, health, and public policy, emphasizing the importance of understanding our thought processes to improve decision-making outcomes.