The ________ bias is a tendency to fixate on initial information and fail to adequately adjust for subsequent information.
A) self-serving
B) overconfidence
C) anchoring
D) availability
E) hindsight

Question

Quizplus · Accepted Answer

The anchoring bias is a cognitive bias where individuals rely too heavily on the first piece of information they receive when making subsequent judgments. They fail to adequately adjust their judgments based on new information, leading to a fixation on the original anchor.

The ________ Bias Is a Tendency to Fixate on Initial