Examples Flashcards
Example flashcards for the "Six Submissions to Brainscape" assessment
1
Q
Define the term “Confirmation Bias”.
A
Confirmation Bias - the tendency to search for, interpret, and remember information in a way that confirms one’s preconceptions.
2
Q
The __________ bias is a cognitive bias that occurs when people place too much weight on the first piece of information they receive when making a judgment or decision.
A
Anchoring
3
Q
True or False: The sunk cost fallacy is a cognitive bias that occurs when people make decisions based on the amount of money or resources already invested, rather than on the potential benefits of future investments.
A
True