Reviews
“The Irrational Economist challenges conventional wisdoms, overturns traditional economic models, and brings to light new discoveries in decision sciences: The result is a profound revolution in thinking. This book will help us cope better with the myriad of important decisions under uncertainty that we face.”
“Dealing with extra-ordinary situations that cannot be quantified on the basis of past experience is one of the key problems facing investors, business executives, and government officials. Michel-Kerjan and Slovic brilliantly rally insights from an outstanding group of authors: There is something here for any reader.”
“The road to complex business and policy decisions is often strewn with incomplete information, flawed science, and conflicting emotions. In The Irrational Economist some of the world’s foremost economists and decision scientists analyze how we make decisions under pressure-—and offer thought-provoking ideas about how to improve the process. The result is important and remarkably timely.”
“At a time of transformative choices, we all need guidance, if not a radical shift in perspective. The Irrational Economist is a terrific book that will change the way you make decisions.”
“The future is uncertain and filled with risks. So what do we do about it? Think of this book as a jam session in which the most virtuosic thinkers from economics and a few other social sciences try to answer that essential question. A great performance.”
