Human beings tend to compare alternatives rather than evaluate them purely against objective criteria. This explains which decision making heuristic?
A) availability
B) anchor and adjust
C) confirmation bias
D) representativeness
E) maximization
Correct Answer:
Verified
Q11: The representativeness heuristic refers to the tendency
A)
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Q14: What is meant by "divine discontent"?
A) Decision
Q15: Decision makers compare alternatives against an implicit
Q17: When faced with a large number of
Q18: Escalation of commitment can be minimized by
Q19: _ shape(s) how we evaluate information, not
Q20: Leading business writers emphasize that _ is
Q21: Decision makers are often motivated to pour
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