A banker opts for short-term gain despite indications that his decision might not pay off in the long run.Which error or bias is the banker guilty of?
A)overconfidence
B)immediate gratification
C)selective perception bias
D)representation

Question

Quizplus · Accepted Answer

The banker is guilty of the immediate gratification bias, where he is prioritizing short-term gains over long-term benefits.

A Banker Opts for Short-Term Gain Despite Indications That His