Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

18 All of the following are forms of cognitive bias except: Review Later Confirmation bias: This bias occurs when decision makers seek out evidence that

image text in transcribedimage text in transcribed

18 All of the following are forms of cognitive bias except: Review Later Confirmation bias: This bias occurs when decision makers seek out evidence that confirms their previously held beliefs, while discounting or diminishing the impact of evidence in support of differing conclusions. Anchoring: This is the overreliance on an initial single piece of information or experience to make subsequent judgments. Once an anchor is set, other judgments are made by adjusting away from that anchor, which can limit one's ability to accurately interpret new, potentially relevant information. Shifting: This is the bias involved in shifting perspectives too rapidly, thereby forgoing objectivity and sound reasoning, Halo effect: This is an observer's overall impression of a person, company, brand, or product, and it influences the observer's feelings and thoughts about that entity's overall character or properties. It is the perception, for example, that if someone does well in a certain area, then they will automatically perform well at something else regardless of whether those tasks are related. Overconfidence bias: This bias occurs when a person overestimates the reliability of their judgments. This can include the certainty one feels in her own ability, performance, level of control, or chance of success. 19 Groupthink and Homogeneity are examples of Review Later Categories in Tversky's theory. Obstacles towards group decision-making. Tools indicative of best practices for collaborative learning. Sleven's four-part distinction regarding collaborative management. Two of the answers in this answer set are correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

978-0538453257

More Books

Students also viewed these Accounting questions