Examlex
What type of product advertisement is the Dove Promises Chocolate ad above?
Heuristics
Simple, efficient rules or methods that people often use to form judgments and make decisions, based on limited information.
Utility-Maximizing
A principle or approach in economics that suggests individuals allocate their resources in a way that maximizes their satisfaction or utility.
Heuristics
Mental shortcuts or rules of thumb that simplify decision-making processes, often at the cost of perfect accuracy or thoroughness.
Self-Serving Bias
A common tendency for individuals to attribute their successes to internal factors while attributing failures to external factors.
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