#### How reliable are intuitive answers?

Here are two examples I found in a book I’m currently reading.

1) Try to think of an intuitive answer without spending much time:

**A bat and ball cost $1.10. The bat costs one dollar more than the ball. How much does the ball cost?**

2) Again, try to think of an intuitive answer without spending much time. Does the conclusion follow the premises, yes or no?

**All roses are flowers.**

**Some flowers fade quickly.**

**Therefore some roses fade quickly.**

(Source: D. Kahneman)

Is this why Lehman Brothers went bankrupt? Were their people relying on intuitive answers?

What is your own personal experience with intuitive answers?

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