"Throwing Good Money After Bad" Captures Which of the Following

question 55

Multiple Choice

"Throwing good money after bad" captures which of the following common decision-making errors?

• A)Availability bias
• B)Confirmation bias
• C)Escalation of commitment
• D)Gambler's fallacy
• E)Halo effect

---

Definitions:

Behavioral Rating Scales

Tools used to assess behaviors and symptoms, often in the context of mental health, by quantifying observations.

Private Speech

Self-directed talk people engage in to guide their own thoughts and actions, often seen in children as a developmental tool.

Psychological Disturbance

Refers to a set of behavioral, emotional, or cognitive dysfunctions that are significantly disruptive to one's daily life.

Legos

A popular brand of plastic construction toys that are interlocking and can be assembled and connected in many ways, to construct objects, vehicles, buildings, and working robots.