Examlex
The professional model of policing relies on interventions that are reactive.
Behavioral Economists
Economists who study the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions of individuals and institutions.
Availability Heuristic
A cognitive bias where people make judgments about the likelihood of an event based on how easily examples come to mind.
Endowment Effect
A cognitive bias where individuals value an owned object higher than a similar object they do not own, often affecting decision-making and market outcomes.
Framing Effects
Framing effects are cognitive biases where an individual's choice is influenced by the way information is presented, rather than just the information itself.
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