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Describe the processes of generation, exploration, and evaluation, and their role in creative thinking.
Status Quo Bias
A cognitive bias that leads individuals to prefer things to remain the same or maintain their current state over pursuing change.
Status Quo Bias
The preference for maintaining current conditions or resisting change, even when better alternatives exist.
Anchoring Effect
A cognitive bias where an individual depends too heavily on an initial piece of information (the "anchor") when making decisions.
Endowment Effect
A psychological inclination to value possessions more highly solely due to personal ownership.
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