Examlex
Which of the following is correct?
Availability Bias
A cognitive bias that causes people to overestimate the probability of events associated with memorable or vivid occurrences.
Adjustment Bias
A cognitive bias influencing how individuals respond or adapt to new or changing information, often hindering accurate decision-making.
Lack-of-participation Error
Lack-of-participation error occurs when decision-making or evaluation processes are hindered due to the absence or minimal involvement of key individuals.
Confirmation Error
A cognitive bias where individuals give more weight to evidence that confirms their existing beliefs, disregarding evidence that contradicts them.
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