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Who gains when there is unexpected deflation?
Additive Strategies
Approaches in problem-solving or decision-making that involve sequentially adding up the value of different options to choose the best outcome.
Elimination By Aspects
A decision-making process where choices are sequentially eliminated for not meeting certain criteria.
Decision Making
The cognitive process of making a choice from a set of alternatives, encompassing judgement, evaluation, and problem solving.
Bounded Rationality
A concept suggesting that the cognitive limitations of the mind restrict the rationality of decision-making.
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