The book spends a lot of time on the theories being developed and also on the relationship between the two men. The focus of their work was essentially how humans make decisions and why they are oftentimes incorrect even in the face of definitive answers (never mind uncertainty). This book focuses on the academic intersection of mathematics, economics, and psychology in the context of a story of two Israelis who worked together in a groundbreaking way on these topics.
In the process they may well have changed, for good, mankind's view of its own mind. This story about the workings of the human mind is explored through the personalities of two fascinating individuals so fundamentally different from each other that they seem unlikely friends or colleagues. They flipped a coin to decide the lead authorship on the first paper they wrote, and simply alternated thereafter. They worked together so closely that they couldn't remember whose brain originated which ideas, or who should claim credit. Amos Tversky was a brilliant, self-confident warrior and extrovert, the center of rapt attention in any room Kahneman, a fugitive from the Nazis in his childhood, was an introvert whose questing self-doubt was the seedbed of his ideas. The Undoing Project is about a collaboration between two men who became heroes in the university and on the battlefield - both had important careers in the Israeli military - and whose research was deeply linked to their extraordinary life experiences. Kahneman and Tversky are more responsible than anybody for the powerful trend to mistrust human intuition and defer to algorithms. Their work created the field of behavioral economics, revolutionized Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis's own work possible. Their papers showed the ways in which the human mind erred, systematically, when forced to make judgments in uncertain situations. Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of studies undoing our assumptions about the decision-making process.
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