In Decision Making, We Tend to Give Less Weight to a Choice

question 403

True/False

In decision making, we tend to give less weight to a choice if it seems representative of what we already know.

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Definitions:

Overconfidence

An overly positive judgment of one’s own decision-making abilities and performance.

Participant Confidence

The level of belief individuals have in their own abilities and judgments during participation in an activity or research.

Propositional Reasoning

Involves making inferences and deducing facts from propositions, or statements that declare something to be true or false.