Examlex
According to self-determination theory, employees need to feel a sense of belonging and connectedness to other individuals or groups. This sense is known as:
Endowment Effect
A cognitive bias where people ascribe more value to things merely because they own them.
Condominium
A type of real estate owned individually, with shared areas co-owned and maintained by an association of owners.
Identical House
A conceptual term often used in real estate to describe homes that are exactly the same in design, size, and features for comparative purposes.
Loss Aversion
A psychological phenomenon where individuals prefer avoiding losses to acquiring equivalent gains, indicating a greater sensitivity to losses than to gains.
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