One Important Consequence of the Self-Serving Bias Is That

question 284

Multiple Choice

One important consequence of the self-serving bias is that

• A)some people cannot correct a personal trait that might be causing them to fail in many ventures.
• B)someone could persist in pursuing a failed policy despite overwhelming evidence of the failure.
• C)bad decisions can be made because people will act without pausing to see whether their intuition is correct or not.
• D)some people may wrongly believe in their forecasting ability to predict future outcomes of risky investments.

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Definitions:

Cerebral Arterial Circle

Also known as the Circle of Willis, it is a ring of interconnected arteries at the base of the brain that provides collateral blood flow between the anterior and posterior circulations.

Arteries

Blood vessels that carry oxygenated blood away from the heart to the body's tissues, except for the pulmonary arteries that carry deoxygenated blood to the lungs.

Cerebral Cortex

The outer layer of the cerebrum in the brain, involved in high-level functions like consciousness, thought, emotion, reasoning, language, and memory.

Anterior Cerebral Artery

A major artery supplying oxygenated blood to most midline portions of the frontal lobes and superior medial parietal lobes of the brain.