Examlex
Countries that export value-oriented products rather than commodities tend to enjoy more stable prices for those products.
Anchoring And Adjustment
A cognitive bias where an individual relies too heavily on an initial piece of information (the "anchor") when making decisions, with subsequent adjustments made around this anchor.
Availability
The degree to which a system, subsystem, or equipment is operable and in a committable state at the start of a mission when the mission is called for at an unknown point in time.
Heuristics
Mental shortcuts or rules of thumb that simplify decision making, not always perfect but useful for practical problem-solving.
Persuasive
The ability to convince others to agree with a viewpoint, idea, or course of action through reasoning and argumentation.
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