Chapter 1 Student Resources


Flashcards

Key Terms

Hindsight bias

The tendency to be wise after the event using the benefit of hindsight.

Culture

The values, beliefs, and practices shared by members of a given society.

Individualistic cultures

Cultures (mainly in Western societies) in which the emphasis is on personal responsibility rather than on group needs.

Collectivistic cultures

Cultures (such as many in the Far East) in which the emphasis is on group solidarity rather than on individual responsibility.

Meta-analysis

An analysis in which the findings from many studies are combined statistically to obtain an overall picture.