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A racial minority interest group has recently gone to press saying that the government is discriminating against members of that race by infringing on their individual and privacy rights in the name of national security.What kind of a "right-versus-right" scenario does this ethical dilemma reflect?
Myopic Loss Aversion
A behavioral finance theory suggesting investors' tendency to avoid investments with potential losses, leading to an overly cautious investment strategy.
Recency Bias
The tendency to weigh recent events more heavily than earlier events when making decisions.
Representativeness Heuristic
The representativeness heuristic is a mental shortcut people use to classify something based on how similar it is to a typical case.
Endowment Effect
A cognitive bias that causes individuals to value an owned object higher than it would be valued if it were not owned.
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