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Using indifference curves and budget constraints, graphically illustrate the substitution and income effect that would result from a change in the price of one good.
Illusory Correlation
The cognitive mistake of perceiving a relationship between two variables even when none exists.
Confirmation Bias
The tendency to search for, interpret, and remember information in a way that confirms one’s preconceptions or hypotheses.
Therapy
A treatment intended to relieve or heal disorders, typically involving a systematic process of interaction with a therapist.
Antisocial Personality Disorder
A mental condition in which a person consistently shows no regard for right and wrong and ignores the rights and feelings of others.
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