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Vasilios is on page 129 of 499

The “anchoring effect” occurs when people consider a particular value for an unknown quantity before estimating that quantity.For example,even real-estate experts were influenced by arbitrary asking price of homes when determining a possible buying price.Two different mechanisms produce anchoring effects-one for each system.One form is a deliberate process of adjustment and the other occurs as a priming effect.

— Mar 23, 2025 10:30AM

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Vasilios is on page 119 of 499

before he mentioned how our system 1 does “intensity matching”. For example if a girl read fluently at age 4, you can tell us about how tall a man would be if he was as tall as how impressive that girl is at reading(def over 6 feet). Basically like an automatic simile/metaphor associative mechanism.

— Mar 22, 2025 12:18PM

Vasilios is on page 89 of 499

Found this interesting: “the psychologist Paul bloom… presented the claim that our inborn readiness to separate physical and intentional causality explains the near universality of religious beliefs. “We perceive the world of objects as essentially separate from the world of minds, making it possible for us to envision soulless bodies and bodiless souls.””

— Feb 25, 2025 11:16AM

Vasilios is on page 59 of 499

Effort could be separated into two forms: concentration on the task and deliberate control of the attention. “Flow” is a state of effortless concentration.

— Feb 20, 2025 10:48AM

Vasilios is on page 39 of 499

You cannot forcefully exert more effort in a task than it needs. As you become more skilled in a task, its demand for energy diminishes. Task switching(holding multiple things in working memory) and time pressure are drivers of effort.

“Highly intelligent individuals need less effort to solve the same problems as indicated by both pupil size and brain activity.” What are the implications of that finding?

— Feb 17, 2025 02:12PM

Vasilios is on page 34 of 499

I like the interactive experiments he mentions throughout the book so far. We operate with two systems. System 1 is the automatic and intuitive. System 2 is attention and effort. The more effort we use to focus on something, the more blind we become to our surroundings. Our efforts and focus can be measured by the dilation of our pupils. This books will go into heuristics And biases and intuition so I’m excited.

— Feb 14, 2025 09:53AM

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Mar 23, 2025 11:03AM

For the process of adjustment, the adjustment typically ends prematurely, because people stop when they are no longer certain they should move farther. “Insufficient adjustment neatly explains why you are likely to drive too fast when you come off the highway onto city streets.” “Insufficient adjustment is also a source of tension between exasperated parents and teenagers who enjoy loud music in their room, “well intentioned child, who turns down exceptionally loud music to meet a parent’s demand that it be played at a ‘reasonable’ volume may fail to adjust sufficiently from a high anchor, and may feel that genuine attempts at compromise are being overlooked.”

As a priming effect, anchoring is a case of suggestion and a manifestation of associative coherence.

Anchoring is done a lot in negotiation.

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