Todd has a tendency to rely too much on the initial information at his disposal about any given issue; he fails to integrate and give weight to new information being given to him.This is known as
A)anchoring bias.
B)confirmation bias.
C)performance bias.
D)overconfidence bias.
E)availability bias.

Question

Quizplus · Accepted Answer

Todd's tendency to rely too much on the initial information at his disposal is known as anchoring bias. This bias occurs when an individual overly relies on the first piece of information received and fails to properly adjust their opinions or decisions based on subsequent information.

Todd Has a Tendency to Rely Too Much on the Initial