Examlex
Which of the following is considered a "teachable moment"?
Escalating Commitment
The phenomenon where people increase their investment in a decision despite new evidence suggesting that the decision was wrong.
Framing Error
A cognitive bias where information is presented or perceived in such a way that it leads to incorrect conclusions or decisions.
Lack-of-participation Error
A bias or error in decision-making that occurs when not all stakeholders or team members are involved or engaged in the process.
Anchoring and Adjustment Bias
A cognitive bias where an initial piece of information (anchor) influences subsequent judgments or decisions, leading to potential errors in estimation.
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