Studies of Human Decision-Making Have Detected Systematic Mistakes That People

question 358

Multiple Choice

Studies of human decision-making have detected systematic mistakes that people make. Which of the following have been detected?

• A)people are overconfident
• B)people give too much weight to a small number of vivid observations
• C)people are reluctant to change their minds
• D)All of the above are correct.

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Definitions:

Control

The ability to shape or guide the actions of individuals or the progression of events.

Hardiness

A personality trait that embodies resilience and the ability to endure difficult conditions.

Type A Personality

A temperament characterized by high levels of competitiveness, self-imposed stress, urgency, and impatience.

Premature Heart Disease

A condition where heart disease occurs at an earlier age than is typical, often due to genetic factors, lifestyle choices, or other risk factors.