Asked by Archit Barua on Jul 25, 2024
Verified
____ is the tendency to evaluate positively presented information favorably and negatively presented information unfavorably.
A) Escalation of commitment
B) Overconfidence
C) Framing error
D) Short-term thinking
E) Satisficing
Framing Error
A cognitive bias where the way information is presented influences decision making or judgment.
Escalation
The process of increasing or intensifying a situation or conflict, often leading to a more serious state.
Overconfidence
A cognitive bias where someone's subjective confidence in their judgments is greater than their objective accuracy.
- Understand the impact of presentation and framing on decision-making.
Verified Answer
KA
Kaycee AlanisAug 01, 2024
Final Answer :
C
Explanation :
The described tendency is known as the "framing effect," which refers to the way information is presented (or framed) influencing our judgments and decisions. Specifically, people tend to prefer options that are presented positively, rather than negatively.
Learning Objectives
- Understand the impact of presentation and framing on decision-making.
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