Examlex
What are the three types of "bridges" used to facilitate the movement of marine containers.How do they function? And what are the advantages of each?
Overconfidence
The phenomenon where an individual's subjective confidence in their judgments is reliably greater than their objective accuracy.
Irrational Decisions
Choices made by individuals that contradict the best outcome from a rational point of view, often influenced by biases or lack of information.
Mental Accounting
The psychological process by which individuals classify, organize, and perceive their monetary resources and expenses.
Values
In economics, values refer to the importance or worth that is attached to goods or services, influencing their price and demand in the market.
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