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Write a short note on arbitration.Discuss the different types of arbitration.
Self-confirming Schema
Cognitive frameworks that cause individuals to interpret information in a way that confirms their preexisting beliefs and attitudes.
Confirmation Bias
The proclivity to selectively find, interpret, prioritize, and recollect data in a manner that affirms previously held notions or assumptions.
Preexisting Schemas
Cognitive frameworks or structures that already exist within our minds, influencing how we perceive and interpret new information.
Ambiguous Information
Information that lacks clarity, can be interpreted in multiple ways, or does not provide a clear direction or answer.
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