Tag: Market Behavior
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Opportunism
Opportunism, fundamentally characterized by the pursuit of immediate benefits, manifests in politics, business, and personal relations, emphasizing short-term gains over long-term stability and ethics. Its evolution, rooted in adaptability and moral flexibility, offers a complex perspective on decision-making across various contexts.
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Common Knowledge
Common knowledge is information presumed known within a specific group, aiding in effective communication and social cohesion. It varies by cultural, professional, and universal contexts, and is influenced by education, media, and social networks.