Thinking, Fast And Slow Flashcards
Why do humans love gossip?
Because it’s easier and more enjoyable to identify and recognise the mistakes of others than to recognise our own
What is the halo effect?
When we give a more generous / favourable reading to someone’s opinions because they look good and are confident
What is the availability heuristic?
It’s a rule of thumb that we use to make judgments. We judge and make decisions based on the information we have recently seen or been given, we don’t think from first principles.
What is system 1 and 2?
System 1 = fast, reactive, gut
System 2 = slow, rational, considered
What is system 1 and 2?
System 1 = fast, reactive, gut
System 2 = slow, rational, considered
Why is the phrase ‘pay attention’ apt?
Because you only have so much that you can allocate to activities. It’s a system 2 weapon and not unlimited. System 2 cannot focus on more than one thing and will tire out
What are system 2’s defining characteristics?
It’s operations are effortful
It is lazy and reluctant to invest more effort than is necessary
What are cognitive illusions?
System 1 has biases and systematic errors that it is prone to make.
Cognitive illusions are when we think something that is wrong based off a wrong assumption made by system 1
E.g., feeling sympathy for someone who is being manipulative
What are we prone to overestimate and underestimate?
Overestimate how much we understand about the world.
Underestimate the role of chance in events
What are the most effortful forms of slow / system 2 thinking?
When system 2 is forced to think fast
What is the law of least effort?
Cognitively, people will tend to gratitude to the least demanding course of action. Laziness is built deep into our nature.
When does system 1 have an overt influence on system 2?
When system 2 is busy or when system 2 is tired.
People who are cognitively busy/tired are more likely to make selfish choices, be rude + make superficial judgments
What is the consequence of activities that impose high demands on system 2?
They require self control and this exertion of self control is depleting and unpleasant
How does system 2 ‘endorse’ ideas?
System 2 gets fed ideas from system 1, that, when engaged, it will endorse or disapprove.
E.g. bat and ball £1.10 experiment. Your system 1 thinks it’s 10p, but your system 2 overrides and calculates 5p
How can the use of system 2 make you more intelligent?
When you are faced with a problem, deliberately slow down and be conscious of your intuitive answer. Then scrutinise it with system 2