Paradox of Value
An economic theory that explains why some necessities, such as water, are less expensive than non-essentials, like diamonds, despite their greater utility.
692 topics found for
“psychological principles”
Social Loafing
The tendency for individuals to put in less effort when working in a group compared to when working alone, due to reduced accountability.
Certainty Effect
A cognitive bias where people give greater weight to outcomes that are certain compared to those that are merely probable.
Consistency Bias
The tendency to recall past behavior in a way that aligns with current beliefs and attitudes.
Uncanny Valley
The phenomenon where a humanoid object that appears almost, but not exactly, like a real human causes discomfort in observers.
Narratology
The study of narrative and narrative structure and the ways that these affect our perception.
Google Effect
The tendency to forget information that can be easily found online, also known as digital amnesia.
Myopic Loss Aversion
A cognitive bias where individuals tend to avoid risks when they perceive potential losses more acutely than potential gains.
Mura
A Japanese word meaning inconsistency or variability in processes.