Decision makers who seek and use information that is consistent with their prior beliefs and ignore information that contradicts those beliefs are suffering from:
A)Clustering bias
B)Representative bias
C)Prior hypothesis bias
D)Illusion of control and overconfidence bias
E)Systemic errors

Question

Quizplus · Accepted Answer

Prior hypothesis bias occurs when decision makers favor information that confirms their existing beliefs and disregard information that contradicts them.

Decision Makers Who Seek and Use Information That Is Consistent