Examlex
When deciding what to use as money, one characteristic to look for is its:
Cocktail Party Effect
The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli.
Late-Selection Models
Theories of attention that propose stimuli are processed for meaning before the selection process occurs, meaning that selection for further processing happens late in the perceptual process.
Elaboration
The process of adding more detail or information to something, often to clarify or enhance understanding.
Short-Term Memory
The capacity for holding, but not manipulating, a small amount of information in an active, readily available state for a short period of time.
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