Which of the following are biases,fallacies and pitfalls that affect our ability to recognise whether or not an opportunity is viable?

Question

Quizplus · Accepted Answer

All the options listed include biases, fallacies, and pitfalls that can impair judgment and decision-making in assessing the viability of opportunities. Confirmation bias and optimism bias can lead to overly positive assessments, while planning fallacy and sunk cost fallacy can result in poor planning and investment decisions. Managerial shortsightedness, financial understanding pitfalls, uniqueness pitfalls, and legal/regulatory pitfalls can all lead to underestimating challenges or overestimating the uniqueness or potential of an opportunity.

Which of the Following Are Biases,fallacies and Pitfalls That Affect