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- Hyperbolic Discounting: Understanding the tendency for people to prefer smaller, immediate rewards over larger, delayed rewards due to the way decisions are evaluated over time.
- Framing Effect: Exploring how the presentation or framing of information can influence decision-making, highlighting the role of wording and context.
- Availability Heuristic: Deconstructing the cognitive bias where individuals rely on readily available information when making decisions, even if it's not the most accurate representation of reality.
- Sunk Cost Fallacy: Explaining the phenomenon where individuals continue investing in a decision or project based on the resources they have already committed, despite it no longer being rational.
- Overconfidence Bias: Delving into the tendency for individuals to overestimate their own abilities, knowledge, and predictions, impacting decision-making accuracy.
- Endowment Effect: Examining the tendency for people to ascribe higher value to objects or items they already own, leading to different decision outcomes compared to if they didn't possess them.
- Confirmation Bias: Addressing how individuals tend to seek out and give more weight to information that confirms their existing beliefs while disregarding opposing viewpoints.
- Anchoring Bias: Exploring the impact of initial information (anchors) on decision-making, even when that information is irrelevant or arbitrary.