Dual Process Theory and the Architecture of Human Judgment
Dual Process Theory explains human judgment through two systems: fast, automatic System 1 and slow, deliberate System 2.
All articles tagged with "Kahneman"
Dual Process Theory explains human judgment through two systems: fast, automatic System 1 and slow, deliberate System 2.
Kahneman and Klein agreed on two conditions that make intuition trustworthy. Miss either one and your gut is lying to you.
Behavioral economics combines psychology and economics to explain how people actually make decisions. This explainer covers prospect theory, loss aversion, nudge theory, cognitive biases, and why the rational actor model was wrong.
Reference class forecasting ignores your specific plan and uses historical outcomes of similar projects to predict what will actually happen.
Behavioral economics combines psychology and economics to explain how people actually make decisions.