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David Thorstad: Bounded Rationality and the Case Against Longtermism

The Gradient: Perspectives on AI

CHAPTER

The Recognition Heuristic in Decision-Making

The chapter discusses the use of the recognition heuristic as a shortcut in decision-making processes, emphasizing familiarity over in-depth analysis. It explores how recognition impacts consumer choices, predictions, and potential pitfalls in decision-making. The conversation also touches on bounded rationality, metacognition, and the interplay between deliberate strategy selection and implicit control.

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