Self-Serving Bias Can Be Adaptive in That It

question 18

Multiple Choice

Self-serving bias can be adaptive in that it:

• A)enables us to exhibit realistic optimism about our futures.
• B)decreases our vulnerability through illusory optimism.
• C)allows us to savor the good things that happen in our lives.
• D)prevents us from blaming others when things go wrong.

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Definitions:

Behavioural Decision Model

A concept in psychology that examines the decision-making processes individuals use, including biases, judgments, and social influences.

Limited Information

A condition in decision-making processes where all necessary data or details are not available to the decision-maker.

Bounded Rationality

A concept suggesting that the cognitive limitations of the mind, and the finite amount of time available, limit human decision-making capabilities.

Limited Information

A situation where decision-makers do not have access to all the data or facts needed to make an informed decision.