Examlex
An S shareholder's basis is decreased by distributions treated as being paid from AAA.
Belief Perseverance
The tendency to maintain one's belief even in the face of contradictory evidence.
Overconfidence Phenomenon
A cognitive bias where a person's subjective confidence in their judgments is reliably greater than their objective accuracy.
Preconceptions
Ideas or opinions formed before having the evidence for their truth or usefulness, often acting as biases or assumptions.
Framing
In social psychology, the way information is presented to the audience, which influences the choices people make by highlighting certain aspects and downplaying others.
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