Peter,the Owner of a Local Real Estate Agency,is Even More

Multiple Choice

Peter,the owner of a local real estate agency,is even more committed to making the used copier,which he recently purchased,work even though it keeps jamming,and his employees have been telling him about other problems they have been having with the copier.The ______ affects Peter's decision making.

A) framing effect
B) narrow focus bias
C) anchoring and commitment bias
D) escalation of commitment bias
E) fog effect