Asked by Reylan Davis on Jul 14, 2024
Verified
Which of the following is an example of faulty hindsight?
A) Alan erroneously predicted that his superiors would favour the reorganization plan.
B) The small business owner could never forget how she had been let down by a particular supplier.
C) The small business owner who had been let down by a supplier gave the supplier another large order.
D) Suki decided to spend more money upgrading her old computer instead of buying a new one.
E) When it became clear that the investment was a poor one, Pierre realized that he had known it was bad all along.
Faulty Hindsight
The misinterpretation or incorrect analysis of past events, often seeing them as more predictable than they actually were.
- Detect occurrences of cognitive biases in assessments following decision-making.
Verified Answer
AM
Austin MurrayJul 19, 2024
Final Answer :
E
Explanation :
Faulty hindsight refers to the misconception after an event has occurred, believing one knew the outcome all along. In choice E, Pierre's realization that he "had known it was a bad investment all along" after the fact is a classic example of faulty hindsight, as it suggests a retrospective certainty that wasn't present before the outcome was known.
Learning Objectives
- Detect occurrences of cognitive biases in assessments following decision-making.
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