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Are you flying Malaysia Airlines again?

2014 has not been a particularly lucky year for airlines of Malaysia. Malaysia Airlines reported two catastrophic incidents; after the last one, when Flight MH17 was shot down over Ukraine in July, average weekly bookings declined by more than 30%, with numerous flight cancellations just after the disaster. This happened …

EconomicsFront PageScience

The Invisible Gorilla Effect

The invisible gorilla effect. The characters of this story, System 1 and System 2 are the two ways that our brains form thoughts. System 1: fast, intuitive, subconscious. It allows us to know that if the traffic light is red we have to stop. System 2: slow, rational, conscious. It …