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Intuition in the context of decision-making is defined as a "non-sequential information-processing mode." [1] It is distinct from insight (a much more protracted process) and can be contrasted with the deliberative style of decision-making.
Intuition was assessed by a sample of 11 Australian business leaders as a gut feeling based on experience, which they considered useful for making judgments about people, culture, and strategy. [45] Such an example likens intuition to "gut feelings", which — when viable [ clarification needed ] — illustrate preconscious activity.
For example, medical decision-making often involves a diagnosis and the selection of appropriate treatment. But naturalistic decision-making research shows that in situations with higher time pressure, higher stakes, or increased ambiguities, experts may use intuitive decision-making rather than structured approaches.
Malcolm Gladwell described intuition, not as an emotional reaction, but a very quick thinking. [5] He said that if an individual realized that a truck is about to hit him, there would be no time to think through all of his options and, to survive, he must rely on this kind of decision-making apparatus, which is capable of making very quick judgments based on little information. [6]
Thinking, Fast and Slow is a 2011 popular science book by psychologist Daniel Kahneman.The book's main thesis is a differentiation between two modes of thought: "System 1" is fast, instinctive and emotional; "System 2" is slower, more deliberative, and more logical.
Intuition, on the other hand, does perceive the image that caused it, perceiving it and its course in a very detailed manner rather than the giddiness itself, which is "the image of a tottering man pierced through the heart by an arrow". [2] "For intuition, therefore, the unconscious images attain the dignity of things or objects.
According to Alos-Ferrer and Strack the dual-process theory has relevance in economic decision-making through the multiple-selves model, in which one person's self-concept is composed of multiple selves depending on the context. An example of this is someone who as a student is hard working and intelligent, but as a sibling is caring and ...
For example, Gladwell claims that prejudice can operate at an intuitive unconscious level, even in individuals whose conscious attitudes are not prejudiced. One example is the halo effect, where a person having a salient positive quality is thought to be superior in other, unrelated respects. The example used in the book is Warren G. Harding.