How does experience influence our decision-making process?

Experience influences our decision-making process by shaping our instincts and logical thinking. It can affect our quick, emotional responses (System 1 thinking) as well as our slow, deliberate thought processes (System 2 thinking). By learning from our experiences, we can improve our decision-making skills and develop new ways of thinking based on reasoning.

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System 1 is a mode of thinking based on emotion and subconscious reaction. This type of thinking happens quickly, typically called "gut instinct," and can be impractical and flawed. System Two is a mode of thinking based on slow, deliberate thought and a more logical approach. By understanding how and why the two systems affect decision-making and new experiences, it's possible to learn how to make better decisions and create new ways of thinking based on reasoning.

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Thinking Fast and Slow

People often aren't able to come up with an answer that is logical and practical when faced with making a decision. This problem happens because we ap...

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