Examlex
The WTO's World Telecom Pact ended government and private telecommunication monopolies in many states.
Error
A mistake in reasoning, action, or calculation that may lead to incorrect conclusions or outcomes.
Judgment
The ability to make considered decisions or come to sensible conclusions based on a critical assessment of evidence and reasoning.
Satisficing Heuristic
A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.
Error
A mistake in action, calculation, opinion, or judgment caused by poor reasoning, carelessness, or insufficient knowledge.
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