Asked by Bethany Cheek on Jun 17, 2024
Verified
You and a friend have decided to study for your final exams together.However, time to study for your organizational behaviour exam is running out.Your friend persuades you to only study the first five of the ten chapters to be covered on the exam.When you get to the exam, you quickly read through all of the questions and are surprised to see that in fact the majority of the questions are from the first five chapters you studied.You and your friend both receive very good grades on the exam.Your friend never misses an opportunity to remind you how smart it was to only study the first five chapters.What is this an example of?
A) Escalation of commitment
B) Hindsight
C) Framing
D) Confirmation bias
E) Anchoring effect
Framing
The way information is presented or communicated, which influences how it is perceived and interpreted.
Anchoring Effect
A cognitive bias where individuals rely too heavily on an initial piece of information (the "anchor") when making decisions.
- Identify the presence and effects of confirmation bias in the process of problem recognition.
- Recognize instances of cognitive biases present in evaluations after decisions are made.
Verified Answer
WW
William WeisslingerJun 21, 2024
Final Answer :
B
Explanation :
This scenario is an example of hindsight, where after knowing the outcome (doing well on the exam by studying only the first five chapters), it seems obvious or inevitable that focusing on those chapters was a smart decision.
Learning Objectives
- Identify the presence and effects of confirmation bias in the process of problem recognition.
- Recognize instances of cognitive biases present in evaluations after decisions are made.
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