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Cognitive illusions reveal limitations of human judgment from "summary" of Thinking Fast and Slow by Book Summary
Cognitive illusions are tricks that our minds play on us, revealing the limitations of human judgment. These illusions occur because our brains rely on mental shortcuts, or heuristics, to make decisions quickly and efficiently. However, these shortcuts can sometimes lead us astray, causing us to make errors in judgment. One example of a cognitive illusion is the availability heuristic, which occurs when we judge the likelihood of an event based on how easily we can recall similar instances from memory. This can lead us to overestimate the probability of rare events that are particularly salient or vivid in our minds. Another cognitive illusion is the representativeness heuristic, which involves making judgments based on how closely an object or event matches a particular prototype or stereotype. This can lead us to overlook important factors and make faulty assumpt...
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