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question 2 (1 point)
cognitive bias is
a an error in the way we think that can influence our decisions
b the desire to seek out information that confirms our existing beliefs
c the belief that our abilities are better than they actually are
d the concept of placing more value on an item when we own it
Cognitive bias refers to errors in thinking that can affect decision - making. Option b is confirmation bias, option c is over - confidence bias, and option d is the endowment effect.
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A. An error in the way we think that can influence our decisions