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The industrially advanced nations can assist developing nations by reducing trade barriers and by
providing both private and public capital.
Systematic Evaluation
A structured process of assessing the performance, effectiveness, or quality of a system, program, or project using specific criteria and methodologies.
Escalation of Commitment
A behavioral pattern where individuals or groups continue to invest in a decision despite new evidence suggesting that the decision was wrong.
Perceived Costs
The assumed disadvantages, losses, or negative outcomes associated with a particular decision or behavior.
Post-decisional Justification
The cognitive process of justifying one's choices after a decision has been made, often to reduce dissonance or regret.
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