Examlex
Which of the following statements will produce the value 21.1?
System II Thinking
A cognitive process that involves analytical, effortful, and logical thinking as opposed to quick, instinctual, and often biased System I thinking.
System I Thinking
A term from dual-process theory referring to fast, automatic, emotional, and subconscious thought processes.
Utility Theory
A theory in economics and finance that describes how individuals choose among different options or actions based on their expected happiness or satisfaction.
Framing
The way a decision is phrased or the way options are described. Seemingly peripheral aspects of the framing can influence decisions by changing the point of reference.
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