Reasoning is a strong statement here. But it is fair to say that it usually is not intuitive to us.
An example is if I gave you a huge sheet of thin paper (huge so that folding isn’t an issue) - how many times could you fold it in half until you couldn’t physically do it anymore? Could you do at least 10? Try this with random people and you’d be surprised how many say they could do 10 easily.
Or the chess board question. Works to rather get the financial equivalent of starting with a penny and then doubling it for every square on the board or a million dollars for each square? Again, if you ask people to pick one without giving them the time to work it out they will usually pick the million dollar per square.
An example is if I gave you a huge sheet of thin paper (huge so that folding isn’t an issue) - how many times could you fold it in half until you couldn’t physically do it anymore? Could you do at least 10? Try this with random people and you’d be surprised how many say they could do 10 easily.
Or the chess board question. Works to rather get the financial equivalent of starting with a penny and then doubling it for every square on the board or a million dollars for each square? Again, if you ask people to pick one without giving them the time to work it out they will usually pick the million dollar per square.