System 2 thinking
Slow, deliberate, and effortful cognitive processing used for complex reasoning, planning, and overriding intuitive responses. System 2 is more accurate than System 1 but requires more mental energy and is easily overloaded.
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System 1 thinking
Fast, automatic, and intuitive cognitive processing that ope...
Heuristics
Mental shortcuts or rules of thumb that simplify decision-ma...
Bounded Rationality
Herbert Simon's concept that human decision-making is limite...
Cognitive bandwidth
The limited mental resources available for decision-making a...