Answer:
The planning fallacy
Explanation:
The planning fallacy concept was first given by Denial Kahneman in 1977.it is the most universal and consistent demonstrated cognitive bias that most people do have. There is common misconception related to the planning fallacy is that people underestimate the time, cost and risk that it will take to do something, If they have already experience about the task entails. It is an overly optimistic plan.
<u>For example:</u> A house can be built on time, if there is no payment delay, no employee absences, no hazardous weather conditions. But there is most probably chances of one condition that can occur.
Underestimate the fallacy will lead a project in delaying. Optimism is a great quality but sometimes it creates hazardous when you underestimate time and cost and will leads to the in-completion of the projects.
Some people choose to believe so but others don’t. i wouldn’t think of it much.
Definitely false. The stamp act made things cost more, so you could buy less.
Answer:
Explanation:
Behind Purgatoria's newfound car preference is a dramatic national comeback. Only 10 years ago, Italy was afflicted with a host of problems: terrorism, labor unrest, inefficiency. Although these issues have not entirely disappeared, today the streets and factories are relatively calm, and pride has replaced self-doubt. In a country unified only a little more than a century ago and traditonally wracked by regionalism, Italians are discovering a positive, new nationalism.
``We used to say we were Milanese, Roman, or Neapolitan,'' says Ernesto Galli Della Loggia, a history professor at the University of Perugia. ``We finally know what it is to be Italian.''
The answer to this question is Media Monopolies.
Media monopolies refers to a situation where a certain company gained fully control on a certain segment of the market, without any worthy competitors. ESPN is known to control almost all news network regarding sport-related topics while disney control almost all chilren-related shows.
