Thinking slow is a way to reduce the chance that uncertainty will be understated due to:

Question

Quizplus · Accepted Answer

Thinking slow involves taking the time to carefully consider all relevant information and avoiding snap judgments based on overconfidence or other biases. This reduces the chance that uncertainty will be understated as a result of overconfidence. Hedging, diversification, and risk spreading are all strategies used to manage risk, but do not directly address the issue of uncertainty being understated.

Thinking Slow Is a Way to Reduce the Chance That