Examlex
Which statement is the best example of magical thinking
Endowment Effect
The cognitive bias causing individuals to ascribe higher value to things merely because they own them.
Loss Aversion
A psychological principle suggesting people tend to prefer avoiding losses to acquiring equivalent gains.
Military Time
A timekeeping system that runs from midnight to midnight, displayed in a 24-hour format, to avoid ambiguity.
Documenting
The process of recording information systematically and accurately for the purpose of communication, compliance, and record-keeping.
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