The ________ heuristic involves simplification of decisions by treating remotely probable outcomes as if they were impossible for all practical purposes.
A) elimination of aspect
B) all or nothing
C) anchoring with adjustment
D) stereotyping

Question

Quizplus · Accepted Answer

The all or nothing heuristic involves simplifying decisions by treating remotely probable outcomes as if they were impossible for all practical purposes. This is because it assumes that only extreme outcomes exist and ignores the possibility of intermediate outcomes. The other options (elimination of aspect, anchoring with adjustment, and stereotyping) do not involve this type of simplification.

The ________ Heuristic Involves Simplification of Decisions by Treating Remotely