Examlex
The airline industries implement yield pricing by offering discounted but limited early purchases, higher-priced late purchases, and the lowest rates on unsold inventory just before it expires.
Defense Mechanism
Psychological strategies used unconsciously to protect oneself from anxiety or uncomfortable emotions and thoughts.
Rationalization
A defense mechanism in psychology, where controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.
Justifies Act
A rationale or reason given for taking a specific action, often framed in moral, logical, or practical terms.
Compromise Mechanism
A psychological strategy where conflicting demands are met by finding a middle ground or mutual concession, thus reducing internal tension.
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