In the _________ bias, a decision maker tends to base decisions on information that is readily available in memory.
A) Confirmation
B) Availability
C) Representativeness
D) Overconfidence
E) Framing

Question

Quizplus · Accepted Answer

In the availability bias, a decision maker tends to base decisions on information that is readily available in memory. This bias occurs because people tend to assign greater importance to more recent and vivid information, making it easier to recall and therefore more available in their minds when making decisions.

In the _________ Bias, a Decision Maker Tends to Base