All of the Following Are Decision Making Biases EXCEPT

question 85

Multiple Choice

All of the following are decision making biases EXCEPT:

• A) the confirmation bias
• B) sunk-cost bias
• C) the rational bias
• D) the information bias
• E) the ease of recall bias

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Definitions:

Self-Serving Bias

A common cognitive bias that leads individuals to attribute their successes to internal factors while blaming external factors for their failures.

Bonus

An additional amount of payment given beyond what is due, usually as a reward for performance or as an incentive.

Taxed

Imposed with a financial charge or other levy by a governmental organization in order to fund various public expenditures.

University's Women's Soccer Team

A collegiate athletic team composed of female students competing in the sport of soccer.