_________ bias is especially evident in entrepreneurs who are deciding to start and sustain new ventures.
A) Representativeness
B) Overconfidence
C) Escalation of commitment
D) Framing
E) Confirmation

Question

Quizplus · Accepted Answer

Overconfidence bias is particularly common in entrepreneurs who are making decisions regarding the establishment and maintenance of new ventures. Entrepreneurs are generally optimistic about their chances of success and often overestimate their own abilities, leading to overconfidence bias.

_________ Bias Is Especially Evident in Entrepreneurs Who Are Deciding