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A Decision Made by a Group After Conducting a Discussion

question 7

True/False

A decision made by a group after conducting a discussion is less conservative and has more risk than one made individually.This theory is known as the risky shift phenomena.


Definitions:

Availability Heuristic

The availability heuristic is a cognitive bias that involves making judgments about the likelihood of events based on how easily examples come to mind.

Functional Fixedness

A tendency to think of things based on their usual functions, which may make it harder to solve a problem.

Framing

The way information is presented or worded, which can significantly affect decisions and judgments.

Insight

The capacity to gain an accurate and deep understanding of someone or something, often suddenly and intuitively.

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