Thinking fast and slow

Front

What is System 1 thinking?

Back

System 1 thinking is fast, automatic, and often unconscious. It relies on intuition and heuristics to make quick decisions.

Front

What is System 2 thinking?

Back

System 2 thinking is slow, deliberate, and analytical. It requires effort and is used for complex problem-solving.

Front

What is cognitive bias?

Back

Cognitive bias refers to systematic patterns of deviation from norm or rationality in judgment, leading to illogical conclusions.

Front

What is the availability heuristic?

Back

The availability heuristic is a mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic.

Front

What is the anchoring effect?

Back

The anchoring effect is a cognitive bias where individuals rely too heavily on the first piece of information encountered when making decisions.

Front

What is loss aversion?

Back

Loss aversion is the psychological phenomenon where individuals prefer to avoid losses rather than acquiring equivalent gains.

Front

What is the framing effect?

Back

The framing effect occurs when people react differently depending on how information is presented, such as in terms of gains or losses.

Front

What is overconfidence bias?

Back

Overconfidence bias is the tendency for individuals to overestimate their own abilities, knowledge, or predictions.

Front

What is the Dunning-Kruger effect?

Back

The Dunning-Kruger effect is a cognitive bias where individuals with low ability at a task overestimate their ability.

Front

What is the concept of 'priming'?

Back

Priming is the process by which exposure to a stimulus influences response to a subsequent stimulus, often without conscious guidance.