Asked by Ricci Jones on May 31, 2024
Verified
The ___ bases a decision on recent information or events.
A) framing error
B) availability bias
C) representativeness bias
D) confirmation error
E) anchoring bias
Availability Bias
A cognitive bias that influences people to overestimate the importance of information that is readily available to them, often leading to skewed perceptions and judgments.
Anchoring Bias
A cognitive bias where individuals rely too heavily on an initial piece of information to make subsequent judgments or decisions.
Confirmation Error
A cognitive bias that involves focusing on information that confirms existing beliefs and ignoring information that contradicts them.
- Highlight different types of biases that could affect the decision-making process.
Verified Answer
ZK
Zybrea KnightJun 04, 2024
Final Answer :
B
Explanation :
The availability bias is a cognitive bias in which a person bases a decision or judgment on the most easily accessible or readily available information, which is often the most recent information or events. This bias can lead to inaccurate judgments if important information that is not easily accessible or recent is not considered.
Learning Objectives
- Highlight different types of biases that could affect the decision-making process.