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THINKING, FAST & SLOW (DANIEL KAHNEMAN) - Listening books

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CHAPTER

The Psychology of Judgment and Choice

Cass Sunstein disagrees sharply with Slovick's stance on the different views of experts and citizens. He believes that biased reactions to risks are an important source of erratic and misplaced priorities in public policy. Poor regulation is wasteful of lives and money, both of which can be measured objectively. Lawmakers may be overly responsive to irrational concerns of citizens because they are prone to same cognitive biases as other citizens.

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