The tendency for decision-makers to put more weight on information that is consistent with their initial beliefs or preferences is called the:
A) Availability tendency
B) Confirmation tendency
C) Overconfidence tendency
D) Decision making tendency

Question

Quizplus · Accepted Answer

The confirmation tendency, also known as confirmation bias, is the tendency for decision-makers to seek out and give more weight to information that confirms their initial beliefs or preferences, while ignoring or discounting information that contradicts those beliefs or preferences. This can lead to flawed decision-making and a lack of consideration for alternative perspectives or evidence.

The Tendency for Decision-Makers to Put More Weight on Information