Shortcuts in System 1 thinking introduce noise.
Shortcuts taken by the brain in System 1-type (fast) thinking introduce noise, most often without us even being aware of it.
Examples:
Substitution Bias
Failure to Regress to the Mean (Base Rates)
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Shortcuts in System 1 thinking introduce noise.
Shortcuts taken by the brain in System 1-type (fast) thinking introduce noise, most often without us even being aware of it.
Examples:
Substitution Bias
Failure to Regress to the Mean (Base Rates)