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Cognitive biases and heuristics in human decision-making Quiz

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Which cognitive bias refers to the tendency to rely heavily on the first piece of information encountered when making decisions?

Anchoring bias

Explanation

Tendency to rely on initial information.

In decision-making, what does the availability heuristic primarily rely on?

The most easily recalled information

Explanation

Reliance on easily recalled information.

Which cognitive bias refers to the tendency to favor information that confirms one's preexisting beliefs or hypotheses, while ignoring or dismissing contradictory evidence?

Confirmation bias

Explanation

Favoring confirming information, dismissing contradictory evidence.

Which cognitive bias leads people to overestimate the likelihood of rare events based on vivid or memorable examples?

Availability heuristic

Explanation

Overestimating rare event likelihood based on vivid examples.

What is the primary characteristic of the representativeness heuristic?

Judging likelihood based on similarity to prototypes

Explanation

Judging likelihood based on similarity to prototypes.

Which cognitive bias occurs when individuals believe they are less likely to experience negative events compared to others?

Optimism bias

Explanation

Believing less likely to experience negative events.

Which cognitive bias involves favoring information that confirms one's preexisting beliefs or hypotheses, while ignoring or dismissing contradictory evidence?

Confirmation bias

Explanation

Favoring confirming information, dismissing contradictory evidence.

Which heuristic involves making decisions based on the ease with which examples come to mind?

Availability heuristic

Explanation

Decisions based on ease of recall.

What is the base rate fallacy?

The tendency to ignore base rate information and focus on specific case information

Explanation

Ignoring base rate, focusing on specific cases.

Cognitive biases and heuristics in human decision-making Quiz

Which cognitive bias refers to the tendency to rely heavily on the first piece of information encountered when making decisions?

In decision-making, what does the availability heuristic primarily rely on?

Which cognitive bias refers to the tendency to favor information that confirms one's preexisting beliefs or hypotheses, while ignoring or dismissing contradictory evidence?

Which cognitive bias leads people to overestimate the likelihood of rare events based on vivid or memorable examples?

What is the primary characteristic of the representativeness heuristic?

Which cognitive bias occurs when individuals believe they are less likely to experience negative events compared to others?

Which cognitive bias involves favoring information that confirms one's preexisting beliefs or hypotheses, while ignoring or dismissing contradictory evidence?

Which heuristic involves making decisions based on the ease with which examples come to mind?

What is the base rate fallacy?

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