Examlex
Ryan is trying to decide whether he should purchase a 5-game ticket package for the Tampa Bay Rays or purchase a new pair of shoes.This is an example of opportunity costs.
Underestimating
The act of judging something to be less in quantity or importance than it actually is.
Accountable
Being responsible for one's actions and being able to explain or justify them.
Deindividuation
A psychological state where an individual loses self-awareness and self-restraint, often occurring in group settings that foster anonymity.
Social Loafing
This concerns the tendency of people to lower their effort in goal pursuit when in a collective setting as opposed to on an individual basis.
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