Weighting one piece of information more heavily than others is an example of ________.
A) the overconfidence bias
B) the anchoring bias
C) the availability bias
D) the groupthink bias

Question

Quizplus · Accepted Answer

The anchoring bias occurs when an individual relies too heavily on an initial piece of information (the "anchor") when making decisions, thus weighting it more heavily than other information.

Weighting One Piece of Information More Heavily Than Others Is