Availability bias…………..a. A phenomenon that occurs in situations where members of a group, in an attempt to avoid conflict, reach a consensus decision without considering all of the reasonable alternatives.
Overconfidence bias……… b. The tendency to be more confident than your abilities and experience level would objectively warrant.
Confirmatory bias …………c. The tendency to use the data that is most readily available or most easily recalled to make a decision, as opposed to considering all relevant data.
Groupthink bias……………. d. The decision maker focuses on one piece of information, weighting it more heavily than other pieces of information.
Anchoring bias…………….. e. A decision maker under- weights information that is not consistent with her initial beliefs.