When Manmeet's father passed away, the will stated that Manmeet and his brother should decide how to split the estate between them. After weeks of fighting over how to divide the inheritance, Manmeet tells his brother, "I would rather both of us get nothing, than for you to get more than is right!" This somewhat irrational position is likely the result of:
A) fairness bias.
B) hindsight bias.
C) cognitive dissonance.
D) avoiding loss.

Question

Quizplus · Accepted Answer

Manmeet's position reflects a strong desire for fairness, even at the expense of losing out on the inheritance entirely. This is known as fairness bias, where people value fairness and equity over maximizing their own gains.

When Manmeet's Father Passed Away, the Will Stated That Manmeet