Based on His Recollection of a Recent Product Failure, Abdul

Multiple Choice

Based on his recollection of a recent product failure, Abdul, the manager of a company, decides not to invest in a new product, even though the readily available information is infallible and irrelevant. This is an example of _____.

A) confirmation error
B) framing error
C) availability bias
D) escalating commitment
E) anchoring bias