PSYC18H3 Lecture Notes - Lecture 4: Hinder, Life Satisfaction, Affective Forecasting
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Is impulsive - does not take into account all aspects of the decision-making equation (e. g. , alternatives, consequences, etc: not detail-oriented. Intuitive: system 2, operates slowly, requires mental resources - if you have a lot on your mind, you may struggle using. System 2 because your mental resources are occupied by all of the other things on your mind. Is deliberative: more nuanced processing, cognitive - effortful deliberation, this system may be used for more important, more difficult decisions (e. g. , deciding which university to go to or which house to buy). The bat costs . 00 more than the ball. How much does the ball cost: 10 cents, 5 cents, explanation here: https://www. psychologicalscience. org/publications/observer/obsonline/a-new-twist- on-a-classic-puzzle. html. If it takes 5 machines 5 minutes to make 5 widgets. How long would it take 100 machines to make 100 widgets: 100 minutes, 5 minutes, explanation here: https://gmatclub. com/forum/if-it-takes-5-machines-5-minutes-to- make-5-widgets-how-long-would-it-280498. html. In a lake, there is a patch of lily pads.
