watch the lecture, discuss my question

Daniel Kahneman is known for many research and publications about the mind and particularly about how we make decisions. He is also known for being the only Psychologist in the world to receive a Nobel Prize, but this was in Economics as there is no Nobel Prize of Psychology.

https://youtu.be/CjVQJdIrDJ0

Watch the talk he gave in 2011 at Google’s campus about his book Thinking Fast and Slow and then answer the following questions. This could earn you up to 10 participation points (0 point for no submission or non-relevant answers).

1. In a few lines, explain System 1 and System 2 (3 points)
2. According to D. Kahneman, is intuition possible when the world is not predictable? (2 points)
3. In a few words define Kahneman’s idea of Substitution (3 points)
4. What is the price of the ball? (2 points)