Access to a Website 24 Hours a Day Is an Example

question 75

Multiple Choice

Access to a website 24 hours a day is an example of ________ incentives.

• A) financial
• B) cyberbait
• C) convenience
• D) value-added

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Definitions:

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often referred to as the "I-knew-it-all-along" effect.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments is reliably higher than their objective accuracy, leading to potential errors in decision making.

Hindsight Bias

The predisposition to think, once an event has taken place, that one could have predicted or anticipated its outcome.

Intuition

An effortless, immediate, automatic feeling or thought, as contrasted with explicit, conscious reasoning.