Define Framing, Hindsight Bias, and Counterfactual Thinking, and Explain Their

question 293

Essay

Define framing, hindsight bias, and counterfactual thinking, and explain their role in decision-making.

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Definitions:

Civil Liberty

The rights of citizens to freedom of speech, privacy, and fair treatment under law, as protected by the constitution and other legal provisions.

Federal Liberty

The rights and freedoms guaranteed at a national level by a country's constitution or laws.

Antinomianism

A religious belief that rejects traditional moral law as unnecessary for Christians under the gospel, focusing instead on personal faith and the grace of God.