Examlex
When responding to any inquiry, check facts and figures carefully because any letter written on company letterhead can be considered a legally binding contract.
Overconfidence Effect
A cognitive bias where an individual's subjective confidence in their judgments is higher than their objective accuracy.
Self-Serving Bias
A cognitive bias where individuals attribute positive outcomes to their own actions and negative outcomes to external factors.
Anonymous Surveys
Surveys designed to collect data without revealing the identities of the respondents, enhancing the honesty and accuracy of responses.
Behavioral Economics
An area within economics that examines how psychological, cognitive, emotional, cultural, and social aspects influence the economic choices made by individuals and institutions.
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