Asked by
Sahil Ranjan
on Oct 08, 2024
Verified
The availability heuristic refers to people purchasing what is most easily accessible.
Availability Heuristic
A cognitive bias where people make judgments about the likelihood of an event based on how easily examples come to mind.
- Comprehend the significance of heuristics in affecting cognitive abilities and decision-making outcomes.
Verified Answer
MO
Learning Objectives
- Comprehend the significance of heuristics in affecting cognitive abilities and decision-making outcomes.