Steve submitted a proposal to his boss for a new piece of equipment that his department needed.He felt sure that his proposal would be approved even though it was a difficult year financially for his company,and he predicted that it would be approved.Unfortunately,to his surprise,his proposal was rejected.Steve has exhibited
A)anchoring bias.
B)confirmation bias.
C)randomness error.
D)overconfidence bias.
E)escalation of commitment.

Question

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The Answer of Steve submitted a proposal to his boss for a new piece of equipment that his department needed.He felt sure that his proposal would be approved even though it was a difficult year financially for his company,and he predicted that it would be approved.Unfortunately,to his surprise,his proposal was rejected.Steve has exhibited
A)anchoring bias.
B)confirmation bias.
C)randomness error.
D)overconfidence bias.
E)escalation of commitment.

Steve Submitted a Proposal to His Boss for a New