Monique tends to spend more money than she should on shoes. However, she makes the mistake of thinking that most people spend lots of money on shoes. This makes her feel better about the fact that she herself overspends. It appears that Monique is engaging in the cognitive bias known as the ________________ effect.

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The Answer of Monique tends to spend more money than she should on shoes. However, she makes the mistake of thinking that most people spend lots of money on shoes. This makes her feel better about the fact that she herself overspends. It appears that Monique is engaging in the cognitive bias known as the ________________ effect.

Monique Tends to Spend More Money Than She Should on Shoes