Asked by
Sophia Evans
on Dec 27, 2024
Verified
Niaz's car breaks down, and he is convinced that it was a predictable event even though there was no way of knowing it would happen. This exemplifies ________.
A) anchoring bias
B) availability heuristic
C) hindsight bias
D) representational bias
Hindsight Bias
The tendency to believe, after learning an outcome, that one would have foreseen it, often referred to as the "I-knew-it-all-along" phenomenon.
- Acknowledge how cognitive biases affect the process of making decisions and forming judgments.
Verified Answer
EL
Learning Objectives
- Acknowledge how cognitive biases affect the process of making decisions and forming judgments.
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