Multiple choice

Prior hypothesis, representativeness, illusion of control & _______________ are main types of Cognitive Bias.

  1. Circle of friends

  2. Escalating commitment

  3. Cultural assimilation

  4. Networking
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Escalating commitment is a cognitive bias where an individual or group faces increasingly negative outcomes from a decision but continues the behavior instead of altering course. Along with prior hypothesis, representativeness, and illusion of control, it represents a major systematic error in decision-making.

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