The document summarizes the key points from the first class of the course PJD 101 on decision making:
1. Decision making relies on a balance between deliberate and instinctive thinking according to Malcom Gladwell. Instinctive and deliberate thinking are two different systems in the brain.
2. The decision making process involves perception, thinking, judgement, and decision. Thinking can be influenced by emotion, experience, memory, and possible outcomes.
3. There are two thinking systems - instinctive thinking which is fast and relies on emotion and experience, and deliberate thinking which is slow and relies on data, planning, and considering others. To make good decisions requires balancing these two systems.
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