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What is the difference between human capital and technology?
Distributive Assumption
In decision-making and economic theory, the assumption concerning how resources or wealth are distributed among members of a society.
Gaining Party
The entity in a transaction or situation that achieves an advantage or benefit.
Non-rational Escalation
The phenomenon where individuals or organizations continue to invest in a decision despite evidence of its ineffectiveness, often due to emotional or psychological commitments.
Ego
An individual’s sense of self-esteem or self-importance, which influences their thoughts and behaviors.
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