Leona Thinks That Because Her Employee Yusuf Went to a Very

question 28

Multiple Choice

Leona thinks that because her employee Yusuf went to a very good university that he is very knowledgeable, and always asks his opinion on the firm's investments. In reality, Yusuf knows very little about investing, but makes sure he reads up on it so that he can give an informed opinion to Leona. What has occurred in this situation?

• A) a projection event
• B) the fundamental attribution error
• C) a self-serving bias
• D) a self-fulfilling prophecy
• E) profiling

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Definitions:

Payoff Matrix

A table that shows the potential outcomes of different strategies in a decision-making situation, often used in game theory.

Repeated Game

A strategic game that is played several times by the same players, allowing for outcome strategies to be influenced by previous results.

Cooperate

The act of working together with others towards a common goal or interest, often involving coordination and collaboration among individuals or organizations.

Advertising Behavior

The strategies and tactics used by companies to promote their products or services, often influencing consumer perceptions and demand.