Guilia says, "I know I shouldn't eat this piece of cake, but I am going to eat it anyway." Guilia's behavior is an example of being influenced by

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Quizplus · Accepted Answer

Guilia's decision to eat the cake despite knowing she shouldn't is an example of overvaluing the present (the immediate pleasure of eating the cake) relative to the future (potential negative consequences such as feeling guilty or unhealthy effects). This behavior does not directly relate to the sunk cost fallacy, framing bias, or overconfidence.

Guilia Says, "I Know I Shouldn't Eat This Piece of Cake