System Two
A mode of thinking, derived from Dual Process Theory, that is slow, deliberate, and analytical, requiring more cognitive effort and conscious reasoning.
A mode of thinking, derived from Dual Process Theory, that is slow, deliberate, and analytical, requiring more cognitive effort and conscious reasoning.
The degree to which users feel they have control over their actions and decisions when interacting with a product or system.
A mode of thinking, derived from Dual Process Theory, that is fast, automatic, and intuitive, often relying on heuristics and immediate impressions.
The process of breaking down decisions into smaller, manageable stages to simplify the decision-making process.
A decision-making rule where individuals choose the option with the highest perceived value based on the first good reason that comes to mind, ignoring other information.
A decision-making strategy that involves choosing an option that meets the minimum requirements rather than seeking the optimal solution, balancing effort and outcome.
A mental shortcut where current emotions influence decisions, often bypassing logic and reasoning.
The study of psychology as it relates to the economic decision-making processes of individuals and institutions.
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.