Examlex
When i is the annual interest rate,the formula for calculating the present value of a bond with a face value of R dollars,receivable in one year is
Magical Thinking
The belief that one's thoughts, words, or actions can influence the outcome of events in the physical world in a manner not governed by the laws of physics or logic.
Theory Perseverance
The persistence of one's initial beliefs, even in the face of contradicting evidence or after the evidence for their foundation has been discredited.
Availability Heuristic
The availability heuristic is a mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision, often leading to bias.
False Consensus Effect
The tendency to overestimate the number of other people who share one’s opinions, attitudes, values, and beliefs.
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