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Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 5
For each of the folcognitive biases, come up with at least one example from your own life.
a. Confirmation bias.
b. Self-serving bias.
c. The overconfidence effect.
d. Hindsight bias.
e. The availability heuristic.
f. The planning fallacy.
g. Framing effects.
a. Confirmation bias.
b. Self-serving bias.
c. The overconfidence effect.
d. Hindsight bias.
e. The availability heuristic.
f. The planning fallacy.
g. Framing effects.
Explanation
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Verified
a. Confirmation bias:
Confirmation bias...
Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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