Examlex
What is element ?
Coin Flips
A random process used to generate two equally likely outcomes, typically representing "heads" or "tails."
Framing
The way information is presented or structured, affecting perception and decision-making.
Illogical Preferences
Choices or decisions made that contradict rational decision-making models or that do not follow logical consistency.
Reference Points
Specific targets or standards against which subsequent achievements, experiences, or the current status can be compared.
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