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The Pax Mongolica
System 2
refers to a theory of decision-making proposed by Daniel Kahneman that emphasizes slow, deliberate, and analytical reasoning.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to a person's mind, affecting the perception of the frequency or likelihood of events.
Heuristics
Mental shortcuts or rules of thumb that simplify decision-making processes, though they may sometimes lead to biases or inaccuracies.
Planning Fallacy
The tendency for individuals or organizations to underestimate the time, costs, and risks of future actions and overestimate the benefits.
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