Which of the following is not a heuristic used by decision makers?
A) Anchoring and adjustment.
B) Groupthink.
C) Representativeness.
D) Availability.

Question

Quizplus · Accepted Answer

Groupthink is not a heuristic but a psychological phenomenon that occurs within a group of people when the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome. Heuristics like anchoring and adjustment, representativeness, and availability are mental shortcuts that help individuals make decisions or judgments quickly but can sometimes lead to errors or biases.

Which of the Following Is Not a Heuristic Used by Decision