Which of the Following Is Not a Bias in Decision

question 107

Multiple Choice

Which of the following is not a bias in decision making?

• A)heuristical fallacy
• B)escalation of commitment
• C)availability bias
• D)confirmation bias

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Definitions:

Decreasing Rate

A situation or phenomenon characterized by a reduction in quantity, intensity, or frequency over time.

Hung Juries

Jurors that are unable to reach a unanimous or legally required decision, resulting in a trial that does not conclude with a definitive verdict.

Evidence Driven

An approach that bases decisions, conclusions, or actions on empirical data and observed evidence rather than on intuition or opinion.

Crutchfield Situation

A procedure used in social psychology experiments to study conformity, where individuals must make judgments while being exposed to the purported judgments of others.