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  2. Psychological pricing - Wikipedia

    en.wikipedia.org/wiki/Psychological_pricing

    An example of this practice is in Australia, where 5 cents has been the smallest denomination coin since 1992, but pricing at .98 or .99 on items under several hundred dollars is still almost universally applied (e.g.: $1.99–299.99), while goods on sale often price at .94 and its variations. Finland and the Netherlands were the first two ...

  3. Intelligence quotient - Wikipedia

    en.wikipedia.org/wiki/Intelligence_quotient

    An intelligence quotient (IQ) is a total score derived from a set of standardized tests or subtests designed to assess human intelligence. [1] Originally, IQ was a score obtained by dividing a person's mental age score, obtained by administering an intelligence test, by the person's chronological age, both expressed in terms of years and months.

  4. Dunning–Kruger effect - Wikipedia

    en.wikipedia.org/wiki/Dunning–Kruger_effect

    Some researchers include a metacognitive component in their definition. In this view, the Dunning–Kruger effect is the thesis that those who are incompetent in a given area tend to be ignorant of their incompetence, i.e., they lack the metacognitive ability to become aware of their incompetence.

  5. Wechsler Adult Intelligence Scale - Wikipedia

    en.wikipedia.org/wiki/Wechsler_Adult...

    Specific subtests can provide insight into specific cognitive functions; for example, the digit span subtest could be used to look for attentional difficulties. [ 14 ] The Wechsler tests can also be used to identify intellectual giftedness , and are commonly accepted as qualifying evidence for high-IQ societies , such as Mensa , Intertel and ...

  6. Elliott wave principle - Wikipedia

    en.wikipedia.org/wiki/Elliott_wave_principle

    The Elliott wave principle, or Elliott wave theory, is a form of technical analysis that helps financial traders analyze market cycles and forecast market trends by identifying extremes in investor psychology and price levels, such as highs and lows, by looking for patterns in prices.

  7. Decoy effect - Wikipedia

    en.wikipedia.org/wiki/Decoy_effect

    The original authors had to underline again that the attraction effect occurs only if the consumer is close to indifference between the target and the competitor, if both dimensions of the products (in our example, price and storage capacity) are about as important as each other to the consumer, if the decoy is not too undesirable, and if the ...

  8. Analysis of competing hypotheses - Wikipedia

    en.wikipedia.org/wiki/Analysis_of_competing...

    Heuer outlines the ACH process in considerable depth in his book, Psychology of Intelligence Analysis. [1] It consists of the following steps: Hypothesis – The first step of the process is to identify all potential hypotheses, preferably using a group of analysts with different perspectives to brainstorm the possibilities.

  9. Token economy - Wikipedia

    en.wikipedia.org/wiki/Token_economy

    Sometimes client manuals have specifications how many tokens can be earned by each target behavior. For instance, if making the bed is a target behavior, staff and clients have to know how a well-made bed looks like. However, often these specifications are hard to make: behavior such as eating politely and positive cooperation are hard to specify.