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The main difference between arithmetic and physiologic densities is
Overconfidence
A cognitive bias characterized by an individual's unjustifiable faith in their own intuitive reasoning, judgments, or cognitive abilities.
Financial Wisdom
The knowledge and understanding necessary for making prudent financial decisions, encompassing personal finance, investing, budgeting, and saving strategies.
Representativeness Heuristic
A cognitive shortcut used in decision-making, where the likelihood of an event is judged by how much it resembles existing stereotypes.
Affect Heuristic
The reliance on instinct instead of analysis in making decisions.
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