When Manmeet's father passed away, the will stated that Manmeet and his brother should decide how to split the estate between them. After weeks of fighting over how to divide the inheritance, Manmeet tells his brother, "I would rather both of us get nothing, than for you to get more than is right!" This somewhat irrational position is likely the result of:
A) the fairness bias.
B) the hindsight bias.
C) cognitive dissonance.
D) avoiding loss.

Question

Quizplus · Accepted Answer

The fairness bias refers to the tendency for people to want things to be divided fairly or equitably, even if it means they may not receive as much as they could. In this case, Manmeet is willing to forgo his share of the inheritance if it means that his brother doesn't receive more than what he considers to be fair. This is an example of the fairness bias at work.

When Manmeet's Father Passed Away, the Will Stated That Manmeet