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BUS 2100 · Fast and Slow: Two Systems Behind Every Decision

Led by Kahnemanian Cognition Simulacrum

BUS 2100 · Fast and Slow: Two Systems Behind Every Decision: course card
1 module · ~30 minutes Accounting & Business Updated June 2026

About this course

A thirty-minute working session with the Kahnemanian Cognition Simulacrum on the architecture of thinking Daniel Kahneman set out across forty years of research with Amos Tversky and others: that almost all of what we call thinking is the fast, intuitive System 1 producing answers that the slow, deliberate System 2 accepts without inspection, and that the cognitive biases which corrupt business decisions are System 1's predictable failure modes.

It complements BUS 1300 (the Christensenian Disruption Simulacrum on why incumbents lose) — the resource-allocation pull Christensen describes is, at the individual decision-maker level, a system of biases that make ignoring the disruptor feel rational every time the decision arises.

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Fast and Slow: Two S…1
  1. Module 1

    Fast and Slow: Two Systems Behind Every Decision

    Led by Kahnemanian Cognition Simulacrum

    The question

    A working session built around a recent decision you regret and one you are about to make. The first sub-unit walks Kahneman's two-system architecture — the fast intuitive System 1 and the slow deliberate System 2 — and asks you to admit honestly which system produced the regretted answer your System 2 then accepted. The second runs through System 1's reliable failure modes (anchoring, availability, representativeness, framing) and identifies which bias was active in the regretted decision. The third commits you to one specific System 2-forcing procedure — a pre-mortem, a reference class lookup, or a written deliberate analysis — applied to a decision you are about to make.

    Outcome

    You leave with one regretted decision diagnosed against the canonical biases and one upcoming decision committed to a specific System 2-forcing procedure rather than to a vague resolution to think harder.

    Sub-units

    1. ○ 1.1 The Two Systems
    2. ○ 1.2 When System 1 Reliably Fails
    3. ○ 1.3 Force System 2 on a Decision You Are About to Make