Vikhyat NagpalAvailability Heuristic & Decision MakingThe term was first instituted in 1973 by Nobel-prize winning psychologist Amos Tversky and Daniel Kahneman. They proposed that the…Aug 11, 20205Aug 11, 20205
Vikhyat NagpalProbability ParadoxA paradox in probability occurs when people have wrong implication of probability or on the grounds that the stating is questionable…Aug 5, 20204Aug 5, 20204
Vikhyat NagpalConsumer PreferencesWe often come across a scenario where in a person, say Albert prefers chocolate cookies and on the other hand his brother, Robert prefers…May 28, 20206May 28, 20206