Examlex
If a rat has learned to press a lever to obtain pellets of food and,all of a sudden,the response permanently ceases to produce any food,then _______ will occur.
Cognitive Biases
Cognitive biases are systematic patterns of deviation from norm or rationality in judgment, often leading to illogical interpretation or decision-making.
Behavioral Economics
A field of economics that examines how psychological, cognitive, emotional, cultural, and social factors affect the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.
Systematic Error
A consistent, predictable error present in the method of measurement that affects the accuracy of results.
Faulty Heuristics
Cognitive shortcuts that lead to errors in judgment or decision-making.
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