Factor Analysis
A statistical method used to identify underlying relationships between variables by grouping them into factors.
148 topics found for
“decision-making psychology”
Restraint Bias
A cognitive bias where individuals overestimate their ability to control impulsive behavior, leading to overexposure to temptations.
Semmelweis Reflex
A cognitive bias where new evidence or knowledge is automatically rejected because it contradicts established norms or beliefs.
Decoy Pricing
A strategy where an additional, less attractive option is introduced to make other pricing options look more appealing, often steering customers towards a particular choice.
Observer Bias
A type of bias that occurs when the observer's expectations or beliefs influence their interpretation of what they are observing, including experimental outcomes.
Longitudinal Study
A research method that involves repeated observations of the same variables over a period of time.
Contrast Effect
The enhancement or diminishment of perception, cognition, or related performance as a result of exposure to a stimulus of greater or lesser value in the same dimension.
Intention Action Gap
The discrepancy between what people intend to do and what they actually do.
Ego Depletion
The idea that self-control or willpower draws upon a limited pool of mental resources that can be used up.