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The propensity theory of probability is a probability interpretation in which the probability is thought of as a physical propensity, disposition, or tendency of a given type of situation to yield an outcome of a certain kind, or to yield a long-run relative frequency of such an outcome.
The proportionality bias, also known as major event/major cause heuristic, is the tendency to assume that big events have big causes.It is a type of cognitive bias and plays an important role in people's tendency to accept conspiracy theories.
The tendency to have an excessive optimism towards an invention or innovation's usefulness throughout society, while often failing to identify its limitations and weaknesses. Projection bias: The tendency to overestimate how much one's future selves will share one's current preferences, thoughts and values, thus leading to sub-optimal choices.
Type A individuals' proclivity for competition and aggression is illustrated in their interactions with other Type As and Type Bs. When playing a modified Prisoner's Dilemma game, Type A individuals elicited more competitiveness and angry feelings from both Type A and Type B opponents than did the Type B individuals. Type A individuals punished ...
The study was designed to assess the effects of informational vs. asymmetrically paternalistic approaches to encouraging low-calorie meal choices. The informational manipulations were (1) providing recommendations for daily caloric consumption for a person of
Studies in behavioral finance analyzed this pattern, observing that there is a tendency to avoid high-reward options in the market, as the risk of short-term loss potentially influences the broker. Acclaimed behavioral economists Benartzi and Thaler analyzed this concept, calling it the "equity premium puzzle [2]." This puzzle refers to the ...
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An addictive personality refers to a hypothesized set of personality traits that make an individual predisposed to developing addictions.This hypothesis states that there may be common personality traits observable in people suffering from addiction; however, the lack of a universally agreed upon definition has marked the research surrounding addictive personality.