Examlex
A spaceship approaches the earth with a speed 0.50c.A passenger in the spaceship measures his heartbeat as 70 beats per minute.What is his heartbeat rate according to an observer that is at rest relative to the earth?
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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