Examlex
Memories stored in long-term memory are always highly accurate.
Incentive Programs
Schemes designed to motivate and reward desired behaviors or performance from individuals or groups.
State of Nature
A term used in decision theory referring to the actual but possibly unknown status of the world, which affects the outcomes of decisions.
Opportunity Loss
The cost of the next best alternative foregone as a result of making a decision.
Actual Profit
The realised gain from business operations or investments, after all costs and expenses have been deducted.
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