Examlex
What was the title of the chief executive in a communist country based on the Soviet model?
Overconfidence
A cognitive bias where an individual's subjective confidence in their own abilities is greater than their objective accuracy.
Representativeness Heuristic
A mental shortcut that involves making a decision based on how closely a new situation or object resembles a prototype or typical case.
Fixation
The inability to see a problem from a new perspective, by employing a different mental set.
Heuristics
Mental shortcuts or rules of thumb that allow people to make decisions and solve problems quickly and efficiently, though not always perfectly accurate.
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