________ bias is a tendency to fixate on initial information and fail to adequately adjust for subsequent information.
A) Hindsight
B) Overconfidence
C) Anchoring
D) Availability
E) Self-serving

Question

Quizplus · Accepted Answer

Anchoring bias is a tendency to fixate on initial information and fail to adequately adjust for subsequent information. It occurs because our mind appears to give a disproportionate amount of emphasis to the first information it receives.

________ Bias Is a Tendency to Fixate on Initial Information