Examlex
Using the comparison of major international transportation modes, evaluate its use for determining transportation of high-price goods.
Cognitive Shortcuts
Simplified strategies or heuristics used by the brain to make complex decision-making processes quicker and more efficient.
Decision
A decision refers to the choice made between two or more alternatives, after considering the consequences and benefits of each.
Simulation Heuristic
A cognitive process where individuals predict the frequency of an event based on how easily they can imagine it happening.
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