The systematic flaws and deviations from rational decision making are called
A) Heuristics
B) Shortcuts
C) Dumb
D) Biases

Name: The systematic flaws and deviations from rational decision making are called A) Heuristics B) Shortcuts C) Dumb D) Biases
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Question

Quizplus · Accepted Answer

The systematic flaws and deviations from rational decision making are called biases. Heuristics and shortcuts refer to methods people use to make decisions, while calling it "dumb" is subjective and not an accurate description of the phenomenon.

The Systematic Flaws and Deviations from Rational Decision Making Are