Thinking Fast And Slow Flashcards
What are systematic errors>
Systematic errors are known as biases, and they recur predictably in particular circumstances.
What can be said about Most impressions and thoughts?
Most impressions and thoughts arise in your conscious experience without your knowing how they got there.
What is the purpose of Thinking Fast and Slow?
improve the ability to identify and understand errors of judgment and choice, in others and eventually in ourselves, by providing a richer and more precise language to discuss them.
Describe why people picked a librarian more then they would pick a farmer when described as neat and tidy.
we found that participants in our experiments ignored the relevant statistical facts and relied exclusively on resemblance. We proposed that they used resemblance as a simplifying heuristic (roughly, a rule of thumb) to make a difficult judgment. The reliance on the heuristic caused predictable biases (systematic errors) in their predictions.
Describe people’s ability to answer difficult questions?
People tend to assess the relative importance of issues by the ease with which they are retrieved from memory—and this is largely determined by the extent of coverage in the media.
Describe the benefits of demonstrations and experiments in a book
People tend to assess the relative importance of issues by the ease with which they are retrieved from memory—and this is largely determined by the extent of coverage in the media.
What can we say about intuitive abilities (sixth sense) when compared with physicians and firefighters?
Our everyday intuitive abilities are no less marvelous than the striking insights of an experienced firefighter or physician—only more common.
What did Herbert Simon say about expert’s intuition while studying chest masters.
He said impatiently
“The situation has provided a cue; this cue has given the expert access to information stored in memory, and the information provides the answer. Intuition is nothing more and nothing less than recognition.”
Describe the affect heuristic. An example would be the Ford motor bond purchaser.
where judgments and decisions are guided directly by feelings of liking and disliking, with little deliberation or reasoning.
Describe the intuitive heuristic
when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.
Why should we be concerned with gossip?
Because it is much easier, as well as far more enjoyable, to identify and label the mistakes of others than to recognize our own.
