__________ occurs when decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgments.
A) hindsight bias
B) confirmation bias
C) overconfidence bias
D) sunk costs error
E) self-serving bias

Question

Quizplus · Accepted Answer

Confirmation bias occurs when decision makers selectively seek out and rely on information that supports their existing beliefs or choices, while discounting or ignoring information that contradicts their beliefs. This bias can lead to flawed decision-making and can have negative consequences in both personal and professional contexts.

__________ Occurs When Decision Makers Seek Out Information That Reaffirms