When Decision Makers Seek Out Information That Reaffirms Their Past

question 87

Multiple Choice

When decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgments, they are exhibiting the ________ bias.

• A) hindsight
• B) availability
• C) representation
• D) confirmation

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Definitions:

Union Contracts

Agreements between labor unions and employers that outline wages, benefits, working conditions, and other employment terms.

White-Collar Jobs

Positions that typically involve clerical, administrative, or managerial work, often in an office setting and requiring formal education.

Piece-Rate Jobs

Employment where workers are paid based on the number of units they produce or tasks they complete rather than hours worked.

Pay Policies

Company guidelines that dictate how employees are compensated, including salaries, bonuses, raises, and pay scales.