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Technologies That Allow Users to Create New Forms of Interaction

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  Technologies that allow users to create new forms of interaction, expression, communication and entertainment in a digital format are referred to as digital media, examples of which appear in the accompanying figure. Technologies that allow users to create new forms of interaction, expression, communication and entertainment in a digital format are referred to as digital media, examples of which appear in the accompanying figure.


Definitions:

Over-Confidence

A cognitive bias where an individual's belief in their own abilities or the prospects of a situation are excessively optimistic beyond what evidence supports.

Regret Aversion

A psychological effect where individuals avoid making decisions that could result in action-based regret, affecting investment choices and risk-taking behaviors.

Short-Term Losses

Financial losses realized on the sale or exchange of an asset held for one year or less.

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