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Over the price range from $180 to $120 in Figure 20.1, ceteris paribus,
Attribution Theory
Attribution theory is a psychological theory focused on how people interpret events and how this relates to their thinking and behavior, especially how they attribute causes to events.
Temporal Precedence
A principle in causal inference, suggesting that a cause must precede its effect in time for a causal relationship to be considered.
Basic Research
A form of scientific investigation that aims to increase the understanding of fundamental principles, without immediate application to practical problems.
Self-Awareness
The conscious knowledge of one’s own character, feelings, motives, and desires.
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