A(n)_________________ Is the Benefit Given Up or Sacrificed When One

question 18

Short Answer

A(n)_________________ is the benefit given up or sacrificed when one alternative is chosen over another.

---

Definitions:

Availability Heuristic

A cognitive shortcut that depends on the first examples that spring to mind when considering a particular subject, idea, approach, or choice.

Confirmation Bias

The disposition to seek, grasp, esteem, and recount information that confirms existing preconceptions or theories.

Belief Perseverance

The phenomenon where people hold onto their beliefs even when faced with evidence that contradicts or disproves them.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making by reducing complex problem solving to simpler judgment processes.