Cognitive Economies

Cognitive economies refer to the mental shortcuts we use to efficiently process information and make decisions based on our general knowledge. Instead of analyzing every detail, our brains rely on established patterns, associations, and experiences to save time and cognitive effort. For instance, when we categorize information or draw on common knowledge, we streamline our thinking. This concept helps explain why we sometimes rely on stereotypes or biases; our brains are trying to conserve cognitive resources, allowing us to navigate complex environments more easily, even though it may lead to oversimplified or flawed conclusions.