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Why is there a greater concentration of calcite, halite, and gypsum in desert soils than in other soils?
Hindsight Bias
The predisposition to think, once an event has taken place, that one could have predicted or anticipated its outcome.
Intuition
An effortless, immediate, automatic feeling or thought, as contrasted with explicit, conscious reasoning.
Overconfidence
Overconfidence refers to the phenomenon where an individual's subjective confidence in their judgements is reliably greater than their objective accuracy, especially when confidence is relatively high.
Economic Predictions
Forecasts about future economic conditions based on current and historical data analysis.
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