Examlex
Many high-technology industries are characterized by network externalities. What are those externalities and how can they pay off?
Situational Cues
Environmental or contextual signals that influence an individual's behavior, perception, or decision-making in specific situations.
Heuristic Shortcuts
Simple, efficient rules which people often use to form judgments and make decisions, sometimes leading to cognitive biases.
Stereotyping Heuristic
A mental shortcut that allows individuals to make quick judgments about people or situations based on generalizations or stereotypes.
Representation Heuristic
A cognitive shortcut in which judgments are made based on how much one thing resembles another.
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