Multiple Choice
Which of the following cognitive biases refers to the fact that decision makers who have strong prior beliefs about the relationship between two variables tend to make decisions on the basis of these beliefs, even when presented with evidence that their beliefs are wrong?
A) Escalating commitment
B) Reasoning by analogy
C) Illusion of control
D) Prior hypotheses bias
E) Representativeness
Correct Answer:

Verified
Correct Answer:
Verified
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