Which of the following cognitive biases refers to the fact that decision makers who have strong prior beliefs about the relationship between two variables tend to make decisions based on these beliefs, even when presented with evidence that their beliefs are incorrect?
A) Confirmation bias
B) Reasoning by analogy
C) Illusion of control
D) Escalating commitment
E) Representativeness

Question

Quizplus · Accepted Answer

Confirmation bias refers to the tendency for people to seek out information that confirms their existing beliefs and disregard information that contradicts them. In this case, decision makers with strong prior beliefs may selectively focus on evidence that supports their beliefs and ignore evidence that suggests their beliefs are incorrect.

Which of the Following Cognitive Biases Refers to the Fact