True/False
The availability heuristic can lead to an overestimation of the frequency of vivid or extreme events and their causes.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q158: The classical model of decision making is
Q159: Define the difference between prescriptive and descriptive
Q160: Sunk costs cannot be affected by subsequent
Q161: When compared to decisions made by individuals,
Q162: The fact that decisions made by groups
Q164: While heuristics can expedite the decision-making process,
Q165: According to Senge, _ involves creating an
Q166: A researcher is concerned about the side
Q167: When managers decide not to launch a
Q168: Heuristics can lead to _, or systematic