Examlex
Nostalgia is characterized by a yearning for the past motivated by the belief that previous times were somehow more pleasant.
Gambler's Fallacy
The erroneous belief that if a particular event occurs more frequently than normal during a past period, it is less likely to happen in the future (or vice versa).
Utilitarian
A philosophy or ethical theory that advocates for actions that maximize happiness and well-being for the majority.
Net Welfare
The overall well-being and economic status of a group, considering both positive gains and negative costs.
Benefits and Burden
Refers to the positive outcomes and challenges associated with a particular action, decision, or policy.
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