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Briefly discuss principal-agent problems as related to a corporation.
Confirmation Bias
The bias towards identifying, comprehending, choosing, and retaining information that corroborates one’s prior convictions or suppositions.
Social Input
The information or feedback received from others in a social context that can influence one's thoughts, feelings, and behaviors.
Prejudice
Preconceived opinion or bias against someone or something not based on reason or actual experience, often manifesting as discrimination or unjust behavior towards different social groups.
Scientific Method
A systematic procedure of observation, measurement, experiment, and the formulation, testing, and modification of hypotheses.
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