Examlex
What is wrong with the following statement: "Credit cards replace money"?
Problem-Strategy
An approach or plan of action designed to navigate challenges and find solutions.
Confirmation Bias
A tendency to search for information that supports our preconceptions and to ignore or distort contradictory evidence.
Framing Effect
A cognitive bias where people react differently to a particular choice or situation depending on how it is presented, or "framed."
Heuristics
Simplified strategies or mental shortcuts used to make decisions or solve problems quickly.
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