Examlex
____ is available in a variety of forms, including seminars, boot camps, and academic-style classes.
Alternatives
Are different options or choices available to decision-makers in a problem-solving or decision-making process.
Escalation of Commitment
The tendency to continue to invest in a decision or project despite evidence of its failure, often due to emotional attachment or sunk costs.
Prospect Theory
A psychological theory that describes how people choose between probabilistic alternatives that involve risk, where the potential for losses is weighted more heavily than equivalent gains.
Losing
The state or condition of not winning, often involving missing out on a prize, goal, or desired outcome.
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