Which of the following terms best represents the tendency of people to base their judgments on information that they can easily obtain?
A) representative bias
B) availability bias
C) confirmation bias
D) anchoring bias
E) escalation of commitment

Question

Quizplus · Accepted Answer

The availability bias is the tendency to rely on information that is easiest to recall or readily available in making judgments or decisions. This can lead to overestimating the frequency or importance of certain events or information simply because it is more easily accessible in memory.

Which of the Following Terms Best Represents the Tendency of People