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

Top Audiobooks

CHAPTER

The Role of Intuition in Risk

Study shows reliance on intuition is only in part of personality trait. Howard Kunroother noticed that availability effects help explain the pattern of insurance purchase and protective action after disasters. Images of a worst disaster do not come easily to mind, so worry and diligence dim over time. After each significant earthquake, Californians are for a while diligent in purchasing insurance and adopting measures of protection and mitigation.

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