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A creditor would most likely consider a decrease in which of the following ratios to be positive news?
Fundamental Attribution Error
The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the influence of situational factors.
Self-serving Bias
A common tendency to attribute one's successes to personal characteristics and failures to external factors.
Just-world Hypothesis
The cognitive bias that assumes that actions always yield morally fair and fitting consequences, essentially that the world is just.
Groupthink
A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.
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