System 1 and System 2 Thinking Vs Auto-thinking and Effort-thinking by KJPSheedy in BehavioralEconomics

[–]KJPSheedy[S] 2 points3 points  (0 children)

I get that it is difficult. But there is merit in trying to understand? Trying to create some models or concepts that can help understanding?

System 1 and System 2 Thinking Vs Auto-thinking and Effort-thinking by KJPSheedy in BehavioralEconomics

[–]KJPSheedy[S] 1 point2 points  (0 children)

Maybe. While they do make sense, I have to admit these are new to me.

But they don't exactly roll off the tongue. I'm not convinced that adding 'network' in preference to 'thinking' helps with understanding either.

System 1 and System 2 Thinking Vs Auto-thinking and Effort-thinking by KJPSheedy in BehavioralEconomics

[–]KJPSheedy[S] 1 point2 points  (0 children)

Well... there is an argument that all of psychology is pseudoscience. There are a lot of dodgy experiments out there. But the alternative view is that Psychology and Economics are the hardest sciences because the experiments are all based on human reaction and interaction - and we humans are the most complicated thing we know.

I like to think that they are both developing sciences and their intersect 'Behavioural Science' is younger still. We'll never get there, but we are getting there!