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.

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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

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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

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