Examlex
Are sunk costs considered relevant when choosing among alternatives? Explain.
Encoding
The process of converting information into a form that can be stored in memory.
Short-Term Memory
The capacity for holding a small amount of information in an active, readily available state for a short period of time.
Echoic
Pertaining to auditory processing, specifically the memory system that retains auditory information.
Atkinson And Shiffrin
Atkinson and Shiffrin developed the multi-store model of memory, which proposes that memory consists of three stores: a sensory register, short-term memory, and long-term memory.
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