General rules used as the basis for decision making are referred to as:
A) A loss aversion technique.
B) Heuristics.
C) Self-attribution.
D) Narrow framing.
E) Conﬁrmation bias.

Question

Quizplus · Accepted Answer

Heuristics are general rules used as a shortcut for decision making. They are mental shortcuts or rules of thumb that help individuals make decisions quickly and efficiently.

General Rules Used as the Basis for Decision Making Are