Examlex
According to bounded rationality theory, people make the best decisions when their perceptions are "bounded" or framed by past experience.
Negative Response
A reaction that expresses disagreement, disapproval, or a generally unfavorable attitude towards something.
Experimenter Bias
The influence that a researcher's expectations or preferences may have on the results of an experiment, potentially leading to skewed or invalid conclusions.
Statistically Significant
A result is considered statistically significant if it is unlikely to have occurred by chance alone, indicating a genuine effect or difference.
Placebo Effect
The phenomenon in which a person experiences a physiological or psychological improvement after being given a treatment with no therapeutic value, due to their belief in its efficacy.
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