Asked by
kayla neves
on Oct 22, 2024
Verified
The availability bias bases a decision on similarity to other situations.
Availability Bias
A cognitive bias that influences people to overestimate the importance of information available to them, impacting decision-making.
Similarity To Other Situations
The degree to which a current scenario or issue replicates the aspects or conditions of a different situation previously encountered.
- Recognizing and elucidating the heuristics and biases involved in the process of making decisions.
Verified Answer
KC
Learning Objectives
- Recognizing and elucidating the heuristics and biases involved in the process of making decisions.
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