Critical Thinking: Decisions and System1 System2 Thinking
Figure 1 Integrated System 1 and System 2 Approach Daniel Kahneman identified System 1 and System 2 as two different ways to think through issues and solve problems. System 1 is quick and intuitive. System 2 is slower and…
Critical Thinking: Bounded Rationality and Time
Time is one component of bounded rationality. The Bounded Rationality Model (see the introduction to this series) includes cognitive limitations and information/knowledge quality. Severe time constraints can drive a decision to System 1 approaches, with the decision based on…
