Match each term in the left-hand column to the statement that it best exemplifies.
Definitions:
Sunk Cost Effect
A bias in decision making in which already “spent” costs unduly influence decisions on whether to continue.
Math Quiz
A test or examination designed to assess an individual's mathematical knowledge and skills.
Cognitive Illusions
The systematic biases and errors in human decision making.
Decision-Making System
The cognitive process resulting in the selection of a belief or course of action among several alternative possibilities.
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