Decision Making Biases

Decision making is often a biased and flawed process. This activity is important because a person who can identify and be aware of their biases may be able to make better decisions for themselves and may be able to diagnose flawed decisions that affect their workplace.

The goal of this activity is to test your knowledge of the nine fundamental decision$-$making biases.

Match each scenario to the decision$-$making bias that it best represents

$1$

Overconfidence Bias

$2$

Sunk$-$Cost Bias

$3$

Framing Bias

$4$

Confirmation Bias

$6$

Escalation of Commitment Bias

$7$

Availability Bias

$8$

Representativeness Bias

$9$

Hindsight Bias

Match each of the options above to the items below.

When she traveled to Australia on business recently, Cori assumed the weather would be the same as her home in New