Examlex
Perform the indicated operation. Simplify if possible.
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Representativeness
The cognitive bias in decision-making where the likelihood of an event is evaluated based on how much it resembles a typical case.
Mental Prototype
A mental image or best example that embodies the most typical characteristics of a particular category or concept.
Satisficing Decisions
Solutions that aim for acceptable results rather than for the best or optimal ones.
Tactical Decisions
Short-term choices made to achieve specific objectives that are part of a larger strategic plan.
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