Crowding Out Effect
The phenomenon where external incentives diminish intrinsic motivation, leading to reduced performance or engagement.
The phenomenon where external incentives diminish intrinsic motivation, leading to reduced performance or engagement.
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
A theory in economics that models how rational individuals make decisions under risk by maximizing the expected utility of their choices.
The drive to perform an activity for its inherent satisfaction rather than for some separable consequence.
A cognitive bias where people favor members of their own group over those in other groups.
A cognitive bias where people judge the likelihood of an event based on the size of its category rather than its actual probability.
The tendency to cling to one's beliefs even in the face of contradictory evidence.
A cognitive bias that causes people to overestimate the likelihood of negative outcomes.
A cognitive bias where individuals strengthen their beliefs when presented with evidence that contradicts them.