Examlex
Albinism is due to the inability to make ________.
Planning Fallacy
The optimistic cognitive bias that leads individuals or teams to underestimate the time, costs, and risks of future actions, while overestimating the benefits.
Overconfidence Effect
A cognitive bias where people overestimate their own abilities, knowledge, or predictions.
Behavioral Economics
A branch of economics concerned with understanding how the economic behaviors of individuals and institutions are impacted by factors like psychology, cognition, emotions, culture, and society.
Hindsight Bias
A psychological phenomenon where people believe they could have predicted an event after it has already occurred.
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