Nobel Prize winning psychologist and bestselling author of Thinking, Fast and Slow Daniel Kahneman, joins Ben Newell, Professor of Cognitive Psychology at UNSW Sydney, to discuss his work ahead of the release of his latest book. A psychologist whose work on the foundations of behavioural economics was awarded the Nobel Prize in Economics, Daniel Kahneman has had an enormous impact on our understanding of how we think, and the process behind how and why we make good and bad decisions.
In his new book, Noise: A Flaw in Human Judgement, Kahneman (with Olivier Sibony and Cass Sunstein) explores our susceptibility to ‘noise’ – the random factors and mental distractions that interfere with the judgement and decisions of organisations and individuals. Although we now try to acknowledge the impact of bias, ‘noise’ is even more common, but there is little awareness of it. Can we reduce both noise and bias to make better decisions?
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