Examlex
Identify at least two ways that poverty is measured in Canada. What are the strengths and weaknesses of these measures?
Confirmation Bias
The tendency to search for, interpret, favor, and recall information that confirms one’s preexisting beliefs or hypotheses.
Emotional Valence
Emotional valence refers to the intrinsic attractiveness(positive) or averseness(negative) of an event, object, or situation.
Bounded Rationality
Bounded Rationality is a concept suggesting that the cognitive limitations of the mind and the finite amount of time available to make decisions affect the rationality of individuals.
Limited Information
The condition of having incomplete data or knowledge concerning a particular topic or situation.
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