Examlex
According to Box 5.1, creating an index by adding together multiple indicators of a concept
Representativeness
A cognitive bias in decision making where the likelihood of an occurrence is evaluated based on how similar it is to stereotypes or typical cases.
Anchoring Bias
A mental shortcut in which a person gives disproportionate weight to the first piece of information they receive (known as the "anchor") during decision-making processes.
Anchoring And Adjustment
Anchoring and adjustment is a cognitive bias in decision-making where an initial piece of information, the "anchor," heavily influences subsequent judgments and adjustments.
Creativity
The use of imagination or original ideas to create something; inventiveness.
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