EPPP Psychology

Category - Social and Cultural Bases of Behavior

In social psychology, heuristics refers to short or efficient cognitive methods of categorizing people or events and making decisions. These methods are simple, but often incorrect. What is involved in the anchoring and adjustment?
  1. Determining likelihood of a situation based on level of exposure to it
  2. Focusing on one trait or piece of information while overlooking others in decision-making
  3. Basing decisions on similarities between current and past situations
  4. Determining likelihood of a situation based on ability to envision it
Explanation
Answer: B - The heuristic known as anchoring and adjustment involves focusing on one trait or piece of information while overlooking others in decision-making. For example, an individual shopping for a used car might rely too heavily on mileage, while ignoring the condition of the engine and other parts.
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