Occam’s Razor
A principle that suggests the simplest explanation is often the correct one, favoring solutions that make the fewest assumptions.
A principle that suggests the simplest explanation is often the correct one, favoring solutions that make the fewest assumptions.
A cognitive bias where individuals favor others who are perceived to be similar to themselves, affecting judgments and decision-making.
A theoretical approach that focuses on observable behaviors and dismisses internal processes, emphasizing the role of environmental factors in shaping behavior.
Obstacles to effective communication that arise from differences in understanding the meanings of words and symbols used by the communicators.
A cognitive bias where people underestimate the complexity and challenges involved in scaling systems, processes, or businesses.
A phenomenon where learning is improved when study sessions are spaced out over time rather than crammed together.
A logical fallacy that occurs when one assumes that what is true for a part is also true for the whole.
The study of psychology as it relates to the economic decision-making processes of individuals and institutions.
The tendency to overvalue new innovations and technologies while undervaluing existing or traditional approaches.