1. Link the concept with the correct definition

Overconfidence bias Creating meaning out of random events

Anchoring bias Using only the facts that support our decision

Confirmation bias Using early, first-received information

Hindsight bias Believing too much in our own ability

Availability bias In spite of new negative information, commitment actually increases

Escalation of commitment Using information that is most readily at hand

Randomness error Looking back, once the outcome has occurred, and believing that you accurately predicted the outcome of an event