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OODA Economics: Market Mind Hypothesis with Patrick Schotanus, PhD
No Way Out
Understand Emotions and Logic to Master Decision-Making
System 3 represents consciousness, encapsulating both emotions and intuition, while System 1 and System 2 align with emotional and rational thinking, respectively. Recognizing the distinction between these systems is critical; emotional awareness feels vastly different from rational thought, highlighting the importance of consciousness in decision-making. To fully comprehend these systems, one must step outside of them, as proposed by Gödel, which suggests that understanding a system requires a perspective beyond its own parameters.
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