The Bandwagon Effect,a Common Decision-Making Bias,is ________

question 61

Multiple Choice

The bandwagon effect,a common decision-making bias,is ________.

• A)the characteristic of an individual who prefers to avoid losses rather than acquire gains
• B)the tendency to believe certain outcomes because others believe the same
• C)the tendency to believe that our forecasts for future events are better than they truly are
• D)the tendency to search for information that supports one's preconceived beliefs
• E)an individual's tendency to believe that he/she is less susceptible to risky events