Examlex
We are experiencing more disasters than ever before in our Nation's history because
Predictions Incorrect
Situations where anticipated outcomes fail to materialize as expected due to various factors such as flawed assumptions or unforeseen events.
Confirmation Bias
A tendency to search for, interpret, and remember information in a way that confirms one's preconceptions.
Behavioral Economists
Behavioral economists study how psychological, cognitive, emotional, and social factors affect economic decision-making and models.
Suboptimal
A situation or outcome that is not the most efficient or desirable due to being less than the best possible choice.
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