In the _________ bias,a decision maker is influenced by the first information received about a decision,even if it is irrelevant.
A) confirmation
B) availability
C) representativeness
D) anchoring
E) framing

Question

Quizplus · Accepted Answer

The anchoring bias refers to the tendency of decision makers to rely too heavily on the first piece of information they receive, even if it is irrelevant or inconsequential to the decision at hand. This bias can have a powerful impact on subsequent decisions and can lead to errors in judgment and decision-making.

In the _________ Bias,a Decision Maker Is Influenced by the First