The ___ involves making decisions based on alterations to a previously existing value or starting point.
A) representativeness heuristic
B) availability heuristic
C) escalation heuristic
D) satisficing heuristic
E) anchoring and adjustment heuristic

Question

Quizplus · Accepted Answer

The anchoring and adjustment heuristic involves making decisions based on alterations to a previously existing value or starting point. The individual is anchored to the initial value and makes adjustments from that point.

The ___ Involves Making Decisions Based on Alterations to a Previously