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is the tendency to conform to the behaviors and beliefs of the people around you.
are systematic patterns of thought in which our minds can sometimes inaccurately perceive, process, or remember information, leading to decisions and judgments that may not consistently align with logical or objective reasoning.
is when individuals place a greater value on goods/income achieved in the present moment rather than receiving the same goods/income in the future.
1. The tendency to conform to the behaviors and beliefs of the people around you is known as social conformity. This phenomenon occurs when individuals adjust their attitudes, beliefs, and behaviors to align with the norms of a group.
2. The systematic patterns of thought that lead to inaccurate perceptions, processes, or memories are referred to as cognitive biases. These biases can affect how we make decisions and can lead us to errors in judgment.
3. The concept of individuals placing a greater value on present goods or income over future gains is known as present bias or temporal discounting. This reflects our tendency to prioritize immediate rewards over future benefits, often impacting our decision-making processes.
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