Which term refers to setting on initial information and not sufficiently altering for subsequent information?
a. Escalation of commitment
b. Confirmation bias
c. Risk aversion
d. Availability bias
e. Anchoring bias
Answer: e. Anchoring bias
Which term refers to setting on initial information and not sufficiently altering for subsequent information?
a. Escalation of commitment
b. Confirmation bias
c. Risk aversion
d. Availability bias
e. Anchoring bias
Answer: e. Anchoring bias
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.