She knows that the price of the diamond is down. But it will
not stay down forever. Soon the supply will be reduced and the prices will go
up. That’s when she will sell her necklace. And gain profit
Confirmation bias is a cognitive bias that occurs when a person favours or recalls information or evidence in a ratherbiased manner so that it strengthens his belief in something. This is illustrated in the example above where the teacher tries to confirm his belief that boys ate naughtier than girls by looking for information to confirm this
The theory of the Divine Right of Kings<span> aimed at instilling obedience by explaining why all social ranks were religiously and morally obliged to obey their government</span>
