A(n)________ occurs when decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgments.
A)anchoring effect
B)confirmation bias
C)overconfidence bias
D)sunk costs error
E)self-serving bias

Question

Quizplus · Accepted Answer

Confirmation bias occurs when decision makers seek out information that supports their prior beliefs or decisions and overlook information that contradicts them. It can limit individual decision-making perspectives, leading to biased judgments and potentially unfavorable outcomes.

A(n)________ Occurs When Decision Makers Seek Out Information That Reaffirms