Examlex
The most common fatal injuries among young adults under age 25 involve ______.
Mental Accounting
The tendency of individuals to allocate money for specific purposes in separate mental accounts, affecting their spending and saving behavior.
Confirmation Bias
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses, often leading to statistical errors in decision-making.
Mental Accounting
A concept in behavioral economics that refers to the different values people place on money, based on subjective criteria, affecting economic decision-making.
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