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4.Describe the defining features of friendships.
Escalation of Commitment
The phenomenon of investing increasingly more resources into a failing course of action due to cognitive biases and sunk costs.
Confirmation Bias
The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.
Representation Bias
Representation bias refers to the cognitive bias where individuals inaccurately assess the probability of an event based on the ease with which examples come to mind, often due to how frequently they are portrayed or mentioned.
Creativity
The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.
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