Examlex

Solved

MacRumorsCom,a Website That Aggregates Mac and Apple Related News,rumors,and Reports,can

question 70

True/False

MacRumors.com,a website that aggregates Mac and Apple related news,rumors,and reports,can be regarded as a blogging site as it allows users to post all the news related to a specific group of products.


Definitions:

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses, often leading to statistical errors.

Affect Heuristic

A mental shortcut used in decision making and judgement that involves relying on emotions and feelings.

Regret Aversion

A theory in behavioral economics that describes the emotional reaction people experience after realizing they have made an error in judgment, leading them to avoid making decisions.

Money Illusion

Money illusion is a cognitive bias where people misjudge the value of money in terms of its purchasing power, typically neglecting the effects of inflation or deflation.

Related Questions