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Please Define the Following Key Terms

question 44

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Otto von Bismarck


Definitions:

Heuristic Bias

Cognitive shortcuts used by individuals that can lead to systematic errors or biases in judgment and decision-making.

Availability

The state of being easily obtainable or accessible when needed.

Anchoring

A cognitive bias that describes the tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions.

Person Schemas

Cognitive structures that represent one's knowledge and expectations about others, influencing how we process information about them.

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