"Switching" between fast and slow processes is just reward-based branching

George Ainslie1

  • 1Department of Veterans Affairs, Coatesville, PA, USA ga@picoeconomics.orgwww.picoeconomics.org.

Summary

Goal-seeking shortcuts like heuristics and habits are chosen based on past rewards and failures. The speed of these shortcuts blends with deliberate decision-making, lacking clear distinctions.

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