Verity is at a used car showroom.She keeps looking at a particular car,the odometer reading,the color,and the year of the car.She does not consider the condition of the engine or the transmission before buying a vehicle.She is most likely influenced by a(n):
A) escalation of commitment bias.
B) overconfidence bias.
C) anchoring bias.
D) framing bias.
E) hindsight bias.

Question

Quizplus · Accepted Answer

Verity is showing anchoring bias as she is relying too heavily on certain information (odometer reading, color, year) and not considering all factors (condition of engine and transmission) before making her decision.

Verity Is at a Used Car Showroom