Examlex
Identify the seven steps involved in using simulation.
Escalation of Commitment
A psychological pattern where individuals or groups continue to invest in a decision despite facing increasingly negative outcomes or feedback.
Perceptual Biases
Cognitive biases that influence how we perceive and interpret information about people, objects, or events, often leading to distorted judgments.
Implicit Favorite
An unconscious bias or preference for a particular option or choice, not openly expressed or acknowledged.
Information Processing
The methods by which individuals or systems gather, store, process, and disseminate information.
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