Jacob is taking his economics final exam, which is in multiple choice format.He answers question #31 with 'D' but isn't sure about it.After answering all the other questions, he goes back to 31 and starts to believe that perhaps 'C' was the right answer.He decides to stick with 'D', most likely because of ____.
A)downward counterfactual thinking
B)upward counterfactual thinking
C)debiasing
D)the first instinct fallacy

Question

Quizplus · Accepted Answer

The first instinct fallacy refers to the tendency to rely on our initial answer, even when new information or second thoughts suggest that another option may be better. Jacob's decision to stick with his initial answer of 'D' despite second thoughts about 'C' suggests that he may be falling prey to this cognitive bias.

Jacob Is Taking His Economics Final Exam, Which Is in Multiple