Asked by Jeanna Ramig on May 03, 2024
Verified
The ___ occurs when people use information "readily available" from memory as a basis for assessing a current situation or event.
A) representativeness heuristic
B) availability heuristic
C) escalation heuristic
D) satisficing heuristic
E) anchoring and adjustment heuristic
Availability Heuristic
A cognitive bias in which people overestimate the importance or probability of something based on how readily it comes to mind.
Representativeness Heuristic
A cognitive bias in decision making, where the likelihood of an event is assessed based on how similar it is to a typical case.
Satisficing Heuristic
A decision-making process that seeks a satisfactory solution rather than an optimal one.
- Detect various biases that may impact decisions.
- Identify the distinctions between heuristics and biases when making decisions.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
B
Explanation :
The availability heuristic is the tendency to rely on readily available information from our memory or recent experiences when making judgments or decisions.
Learning Objectives
- Detect various biases that may impact decisions.
- Identify the distinctions between heuristics and biases when making decisions.