Examlex
At common law, an employee at will could be fired any time, and for any reason, or even for no reason at all.
Overall Set
The complete or total collection of elements, items, or objects under consideration.
Anchoring
The tendency people have to unconsciously base, or “anchor,” the valuation of an item they are currently thinking about on recently considered but logically irrelevant information.
Irrelevant Information
Information that has no bearing on the decisions being made, providing no value to the decision-making process.
Anchoring
A cognitive bias that describes the human tendency to rely too heavily on the first piece of information offered when making decisions.
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