Examlex
Which of the following gases is NOT considered to be harmful?
Escalation of Commitment
The phenomenon where individuals or organizations continue to invest in a decision despite evidence of its ineffectiveness, often to justify previous investments.
Dollar Cost Averaging
An investment strategy that involves regularly investing a fixed amount of money, regardless of the share price, to reduce the impact of volatility.
Framing Error
A cognitive bias involving the presentation or "framing" of information in a way that influences decision making or perception.
Satisficing
The process of choosing an adequate solution that meets minimum criteria, often used in decision-making when an optimal solution is unfeasible.
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