AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Thinking, Fast & Slow (Daniel Kahneman) - Audiobook Summary
Top Audiobooks Summaries
Decision Making - Part 5
How a problem is framed evokes emotional responses which affect our choices. We make irrational decisions about money as it symbolizes success and achievement. The sunk cost fallacy keeps people in poor jobs, unhappy marriages, and unpromising projects. Consumers who are reminded of potential regret tend to choose safer, conventional options. To improve well-being and satisfaction, we should create more positive memories.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode