Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Congress of Industrial Organizations
Inherent Subjectivity
The natural presence of personal opinions and biases in judgement and decision-making processes.
Similar-to-me Error
A bias in which evaluators prefer candidates who resemble themselves in some manner, affecting objective assessment.
Appraisers Inflate
A situation where property or asset valuers intentionally estimate higher values than what is genuine, often leading to skewed market prices or unfair advantages.
Similar-to-me Error
A cognitive bias in decision-making processes, where individuals favor those who are similar to themselves.
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