Examlex
According to the text, in Western nations, middle childhood extends from about age:
Representativeness Heuristic
A belief that outcomes will always reflect characteristics of the process that generated them (e.g., an expectation that the outcome of a series of coin flips will always look random).
Coin Flips
A random process used to generate two equally likely outcomes, typically representing "heads" or "tails."
Framing
The way information is presented or structured, affecting perception and decision-making.
Illogical Preferences
Choices or decisions made that contradict rational decision-making models or that do not follow logical consistency.
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