Examlex
Suppose that saving equals $0 when disposable income equals $1 trillion. Along the saving function, occurs to the left of $1 trillion and occurs to the right of $1 trillion.
Personal Fable
Another aspect of adolescent egocentrism; the belief that our feelings and ideas are special and unique and that we are invulnerable.
Assimilation
The cognitive process in which new information is integrated into pre-existing schemas or knowledge structures.
Existing Schema
A cognitive framework or concept that helps organize and interpret information, existing schemas are used by the brain to perceive new information.
Accommodation
In cognitive psychology, the process of altering one's mental representations to better accommodate external realities.
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