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Encyclopedia > Thomas Gilovich

Thomas D. Gilovich is a professor of psychology at Cornell University who has researched decision making and behavioral economics and has written popular books on said subjects. He has collaborated with Daniel Kahneman, Daryl Bem and Amos Tversky. Auguste Rodins The Thinker, bronze cast by Alexis Rudier, Laeken Cemetery, Brussels, Belgium. ... Cornell University is a research university located on the East Hill of Ithaca, New York. ... Decision making is the cognitive process of selecting a course of action from among multiple alternatives. ... Nobel Prize in Economics winner Daniel Kahneman, was an important figure in the development of behavioral finance and economics and continues to write extensively in the field. ... Daniel Kahneman Daniel Kahneman (born March 5, 1934 in Tel Aviv, in the then British Mandate of Palestine, now in Israel), is a key pioneer and theorist of behavioral finance, which integrates economics and cognitive science to explain seemingly irrational risk management behavior in human beings. ... Daryl J. Bem is a noted social psychologist at Cornell University, USA, and the originator of the self-perception theory of attitude change. ... Amos Tversky (March 16, 1937 - June 2, 1996) was a pioneer of cognitive science, a longtime collaborator of Daniel Kahneman, and a key figure in the discovery of systematic human cognitive bias and handling of risk. ...


Gilovich earned his Ph.D. in psychology at Stanford University in 1981. Doctor of Philosophy, or Ph. ... The Leland Stanford Junior University, commonly known as Stanford University (or simply Stanford), is a private university in Stanford, California, USA. Located approximately 37 miles (60 kilometers) southeast of San Francisco in an unincorporated part of Santa Clara County adjacent to the city of Palo Alto, Stanford lies at the...


Notable contributions

The bias blind spot is a cognitive bias about not compensating for ones own cognitive biases. ... The clustering illusion refers to the natural human tendency to see patterns where actually none exist. ... People in many cultures have an automatic negative perception of the color black, according to some researchers. ... Self-handicapping is defined as any action or choice of performance setting that enhances the opportunities to externalize failure and to internalize success. ...

Books

  • Gilovich, T., Griffin, D. W. & Kahneman, D. (Eds.). (2002). Heuristics and Biases : The Psychology of Intuitive Judgment. New York: Cambridge University Press. ISBN 0521796792
  • Belsky, G., & Gilovich, T. (1999). Why smart people make big money mistakes-and how to correct them: Lessons from the new science of behavioral economics. New York: Simon and Schuster. ISBN 0684859386
  • Gilovich, T. (1991). How we know what isn't so: The fallibility of human reason in everyday life. New York: The Free Press. ISBN 0029117062. Summary.

  Results from FactBites:
 
New science helps explain dumb money moves (748 words)
Thomas Gilovich, professor of psychology and co-author of a new book on behavioral economics, Why Smart People Make Big Money Mistakes, stands in front of an Ithaca bank vault door.
Ever the academic, Gilovich contributes to the book a mercifully brief history of conventional economics and of the newer behavioral economics, which has coalesced in the last 10 years with a literature of its own, but which so far has failed to reach the money-muddled general public.
Gilovich and Belsky fill their book with anecdotes about seemingly smart people they know who made bad money decisions, supplying self-tests to help readers apply behavioral economics to their own decision-making.
Cornell Psychology Department (1002 words)
Gilovich, T., Medvec, V.H., & Savitsky, K. The spotlight effect in social judgment: An egocentric bias in estimates of the salience of one’s own actions and appearance.
Gilovich, T. Differential construal and the false consensus effect.
Gilovich, T., Vallone, R., & Tversky, A. The hot hand in basketball: On the misperception of random sequences.
  More results at FactBites »


 

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