thinking fast and slow |
Daniel Kahneman Senior Scholar at Princeston University,awarded with Nobel Prize in Economics in 2002 in his book "Thinking Fast and Slow underline how we understand our world and what expect from it based on two experiements :System 1 and System 2
System 1 runs automatically
System 2 confortable low effort mode
Main function of System 1 is to monitor and control thoughts and actions suggested by system 1.People in general are overconfident prone to place too much faith in their intuitions.
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