The Representativeness Heuristic Can Produce Faulty Estimates If

question 332

Multiple Choice

The representativeness heuristic can produce faulty estimates if:

• A) we generalize our views to other, nonrepresentative heuristics.
• B) the representativeness algorithm does not match the representativeness heuristic.
• C) we take too much time considering all possible variations from the prototype.
• D) we fail to consider the approximate number of prototypes that actually exist.

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Definitions:

Institutional Collectivism

The degree to which organizational and societal institutional practices encourage and reward collective distribution of resources and collective action.

Self-Protective Leadership

A leadership style characterized by behaviors that protect the leader's own interests and well-being, sometimes at the expense of openness, trust, and the interests of followers or the organization.

Global Leadership Profile

An assessment tool designed to evaluate an individual's capability to lead in a global environment, focusing on skills and competencies necessary for effective cross-cultural leadership.

Germanic Europe

A cultural region in Europe known for its unique management styles, organizational practices, and leadership behaviors distinct to countries with Germanic languages.