A negotiator has a bracelet that she considers to be her lucky mascot ever since she once successfully concluded a negotiation when wearing it.However,she disregards the times she wore it and did not fare well.This is an example of the ________.
A) gambler's fallacy
B) hot hand theory
C) illusory correlation
D) base rate fallacy

Question

Quizplus · Accepted Answer

The negotiator is exhibiting illusory correlation by attributing success in negotiations to wearing a bracelet, while ignoring instances that contradict this belief. This cognitive bias involves perceiving a relationship between two variables (wearing the bracelet and negotiation success) even when no such relationship exists.

A Negotiator Has a Bracelet That She Considers to Be