Question

question 2 / 3
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

Explanation:

Option B refers specifically to confirmation bias, a type of cognitive bias. Option C is the Dunning-Kruger effect or overconfidence bias, another specific cognitive bias. Option D describes the endowment effect, also a specific cognitive bias. Option A is the general definition of cognitive bias, encompassing all these specific types.

Answer:

A. An error in the way we think that can influence our decisions