Tag: System 1 thinking

  • Challenging statements made under System 1 thinking

    Last week, I wrote about the cognitive dissonance often encountered in risk estimation. Just after writing that post, I came across this photo, which had a few comments that I would like to comment on: First off, assigning numerical value to letters is a well-known method, known as gematria. It has been used for pseudo-science…

  • Risk estimation: Cognitive dissonance

    If there is one thing that people are notoriously bad at, it is estimating risk. There is nothing new about this. People are more afraid of being killed in a terrorist attack than in a traffic accident, despite the odds being significantly higher for the latter. One of the many reasons for this is the…