Examlex
In a double-entry accounting system, total debits must always equal total credits.
Planning Fallacy
A cognitive bias where people underestimate the time, costs, and risks of future actions while overestimating the benefits, leading to overly optimistic project timelines.
Fair Procedures
Practices and policies that are impartial, equitable, and just in decision-making processes or dispute resolutions.
Collective Information-processing Model
A model that describes how groups gather, share, and evaluate information to make decisions collectively.
Social Loafing
The phenomenon where individuals expend less effort when working in a group than when working alone.
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