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Thin strips of iron and zinc are riveted together to form a bimetallic strip which bends when heated.The iron is on the inside of the bend because:
Daniel Kahneman
A renowned psychologist and economist, known for his work on the psychology of judgment and decision-making, as well as behavioral economics.
Amos Tversky
A cognitive and mathematical psychologist known for his collaborative work with Daniel Kahneman on the cognitive biases affecting human judgment and decision-making.
Morale Problem
A situation in which there is widespread dissatisfaction, lack of enthusiasm, or disengagement among members of a group or organization.
Bounded Rationality
A concept suggesting that decision-makers are limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make decisions.
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