Persisting in an ineffective course of action is referred to as:
A) Rationalization
B) Escalation of commitment
C) Regret avoidance
D) Narrow framing
Correct Answer:
Verified
Q5: Which of the following is not a
Q6: Which decision bias represents a good example
Q7: Intuition is:
A)Irrational
B)Likely to overrule systematic analysis
C)Likely to
Q8: The implicit favourite model postulates the view
Q9: The phenomenon that heavy reliance is based
Q11: Investor psychology is associated with:
A)Subjective rationality
B)Prospect theory
C)Regret
Q12: Adler refers to five steps in the
Q13: When someone concentrates on facts and precision,
Q14: There is some evidence that maintains that
Q15: Innovators are more inclined to:
A)Avoid routine work
B)Wait
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