Decision Staging
The process of breaking down decisions into smaller, manageable stages to simplify the decision-making process.
The process of breaking down decisions into smaller, manageable stages to simplify the decision-making process.
A cognitive bias where people favor members of their own group over those in other groups.
A cognitive bias where people seek out more information than is needed to make a decision, often leading to analysis paralysis.
A cognitive bias where repeated statements are more likely to be perceived as true, regardless of their actual accuracy.
A Gestalt principle where the mind completes incomplete figures to form a whole, aiding in the perception of shapes and objects.
The tendency for negative information to have a greater impact on one's psychological state and processes than neutral or positive information.
A tendency to avoid making decisions that might lead to regret, influencing risk-taking and decision-making behaviors.
A psychological phenomenon where people develop a preference for things simply because they are familiar with them.
A behavioral economics concept where people categorize and treat money differently depending on its source or intended use.