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Homework 2

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Homework 2

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jhorowitz3232
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Complex Decision Making – Fall 2024 with Professor Notarianni

Homework Assignment #2 – Thinking Fast and Slow


Your homework this week is to read Daniel Kahneman’s book, “Thinking Fast and
Slow,” Part I. Two Systems.

After watching lecture (all parts), and completing this week’s reading, please write
about Kahneman’s theory of the two systems (System 1 and System 2) that drive
the way we think. This should be a 2-3 page paper that:

1) Explains the theory to someone unfamiliar with it (20 pts.)


2) Discusses your degree of belief in this theory (20 pts.)
3) References both your personal experiences that contribute to your degree of
belief (20 pts) AND
4) References specific evidence described in Part. I of Kahnemen’s book (10 pts.)

Also,

5) Provide a description of the difference between rationality and logic. Give an


example of your own (not from the lecture or book). (15 pts.)

6) Philosophers and social scientists up to and including the 1970’s broadly


accepted two ideas about human nature:
a. `First, people are generally rational – they use sound thinking to make
decisions
b. Second, emotions such as fear, affection, and hatred explain most of the
occasions on which people depart from rationality.

Kahneman and his research partner, Tversky, challenged both of these


assumptions. How was there work revolutionary? (10 pts.) Why was it so
readily accepted? (5 pts.)

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