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 mental shortcuts or rules of thumb that simplify decision making. They are general strategies or principles used to make judgments and solve problems more efficiently.

General Rules Used as the Basis for Decision Making Are