Examlex
A logic error happens mostly because a user makes a mistake by using an incorrect value or reference in a formula.
Behavioral Economics
A field of study blending insights from psychology and economics to explore how people make decisions based on biases, emotions, and other non-rational factors.
Marginal Disutility
The additional dissatisfaction or negative utility a person receives from consuming one more unit of a good or service.
Successive Unit
The next unit or piece in a series or sequence, often used in the context of production or consumption.
Framing Effect
The cognitive bias where people's decisions are influenced by the way information is presented rather than the information itself.
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