Examlex
If there were no clouds, Earth would cool.
Overconfidence Bias
The tendency of individuals to overestimate their own abilities, skills, or chances of success.
Predictions Incorrect
Situations where anticipated outcomes fail to materialize as expected due to various factors such as flawed assumptions or unforeseen events.
Confirmation Bias
A tendency to search for, interpret, and remember information in a way that confirms one's preconceptions.
Behavioral Economists
Behavioral economists study how psychological, cognitive, emotional, and social factors affect economic decision-making and models.
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