Examlex
Which of the following is a primary source of revenue for the IOC during the Olympics?
Framing
The way information is presented so as to emphasize either a potential gain or a potential loss as the outcome.
Representativeness Heuristic
is a cognitive shortcut where the likelihood of an object belonging to a category is assessed based on its similarity to a typical case from that category.
Heuristics
Mental shortcuts or rules of thumb that ease the cognitive load of making a decision, often leading to approximation or educated guesses.
Algorithms
Step-by-step procedures or formulas for solving problems or completing tasks.
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