General rules used as the basis for decision making are referred to as:
A)a loss aversion technique.
B)heuristics.
C)self-attribution.
D)narrow framing.
E)confirmation bias.

Question

Quizplus · Accepted Answer

General rules used as the basis for decision making are known as heuristics. Heuristics are mental shortcuts or rules of thumb that people use to make judgments quickly and efficiently. They can be helpful in many situations, but can also lead to errors and biases if used too often or inappropriately. The other options are all different cognitive biases or techniques that can potentially cloud decision making.

General Rules Used as the Basis for Decision Making Are