Examlex
Which of the following is an example of a tax credit?
Anchoring and Adjustment Bias
A cognitive bias where an individual relies too heavily on an initial piece of information (anchor) when making decisions, even if it is unrelated or irrelevant.
Availability Bias
A cognitive bias where people overestimate the importance of information that is readily available to them.
Confirmation Error
A cognitive bias where individuals favor information that confirms their existing beliefs or hypotheses.
Representativeness Bias
A cognitive bias where individuals incorrectly assess the likelihood of an event based on how closely it resembles their stereotypes of a category.
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