Examlex
The nominal rate of return considers inflation.
S Data
Self-report data, where individuals provide information about themselves, typically through surveys or questionnaires.
I Data
Informants’ data, or judgments made by knowledgeable informants about general attributes of an individual’s personality.
Heuristic Errors
Heuristic errors refer to mistakes made in judgment or decision-making processes due to the use of simple and efficient rules (heuristics) that the human brain uses to process information quickly but sometimes inaccurately.
Biases
A tendency to lean in a certain direction, either in favor of or against something, often without a neutral standpoint.
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