Examlex
Which of the following "enabling skills" would most likely to lower the validity of an interpretive exercise?
Planning Fallacy
The optimistic cognitive bias that leads individuals or teams to underestimate the time, costs, and risks of future actions, while overestimating the benefits.
Overconfidence Effect
A cognitive bias where people overestimate their own abilities, knowledge, or predictions.
Behavioral Economics
A branch of economics concerned with understanding how the economic behaviors of individuals and institutions are impacted by factors like psychology, cognition, emotions, culture, and society.
Hindsight Bias
A psychological phenomenon where people believe they could have predicted an event after it has already occurred.
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