Denomination Effect
A cognitive bias where people are less likely to spend large denominations of money compared to an equivalent amount in smaller denominations.
A cognitive bias where people are less likely to spend large denominations of money compared to an equivalent amount in smaller denominations.
The fundamental guidelines and practices that underpin effective change management, ensuring successful implementation of changes.
A strategic approach where multiple potential solutions are tested to identify the most promising one.
A mode of thinking, derived from Dual Process Theory, that is fast, automatic, and intuitive, often relying on heuristics and immediate impressions.
Anchoring (also known as Focalism) is a cognitive bias where individuals rely heavily on the first piece of information (the "anchor") when making decisions.
A set of standards and guidelines used to ensure the integrity, security, and compliance of business processes and IT systems.
Behavioral Science (BeSci) is the study of human behavior through systematic analysis and investigation.
The perseverance and passion for long-term goals, often seen as a key trait for success.
A set of ten general principles for user interface design created by Jakob Nielsen to improve usability.