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:

Openness to Experience

A personality trait characterized by a willingness to try new things, be creative, and think outside the traditional framework.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

Neuroticism

A personality trait characterized by a long-term tendency to experience negative emotions such as anxiety, sadness, and moodiness.

Conscientiousness

A personality trait characterized by being diligent, careful, thorough, organized, and responsible.