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In cross-cultural psychology, uncertainty avoidance is how cultures differ on the amount of tolerance they have of unpredictability. [1] Uncertainty avoidance is one of five key qualities or dimensions measured by the researchers who developed the Hofstede model of cultural dimensions to quantify cultural differences across international lines and better understand why some ideas and business ...
Overplacement is the most prominent manifestation of the overconfidence effect which is a belief that erroneously rates someone as better than others. [17] This subsection of overconfidence occurs when people believe themselves to be better than others, or "better-than-average". [ 3 ]
VUCA is an acronym based on the leadership theories of Warren Bennis and Burt Nanus, to describe or to reflect on the volatility, uncertainty, complexity and ambiguity of general conditions and situations.
Choice-supportive memory distortion is thought to occur during the time of memory retrieval and was the result of the belief that, "I chose this option, therefore it must have been the better option." [5] Essentially, after a choice is made people tend to adjust their attitudes to be consistent with, the decision they have already made.
In chapter 3, Ariely explains how humans react to the words "free" and "zero". Humans make decisions without rationalizing the outcomes of their choices. To illustrate this point, Ariely conducted multiple experiments. The outcome was consistent: when faced with multiple choices, the free option was commonly chosen.
Latest in a year-long series: 366 Daily Inspirational Quotes for 2016. It's March already. Can you believe it? This year, I've been starting each morning with an inspiring, poignant or witty quote ...
In other words, Juror #2 is indeed “a story about people”—circumstantially burdened, deeply flawed, plagued by a fraught conscience. The characters exist, perhaps like most humans at one ...
The psychological phenomenon of overchoice can most often be seen in economic applications. There are limitless products currently on the market. Having more choices, such as a vast amount of goods and services available, appears to be appealing initially, but too many choices can make decisions more difficult.