Question: Match each statement with the correct concept. (10 marks) Irrational escalation of commitment Anchoring and adjustment Reactive devaluation Stereotyping Choose... Choose.. My 10 year old

Match each statement with the correct concept. (10 marks) Irrational escalation of commitment Anchoring and adjustment Reactive devaluation Stereotyping Choose... Choose.. My 10 year old car is worth way more than Canadian Black Book value. I wanted good marks so all my students must want that too. I blame the instructor for my failure. The false belief that your winning streak will continue. 2 out of 3 dentists recommend Crest. Suzy is always early so she must be a hard worker. Why highball and lowball IOs often work. Used car salesmen are all crooks. Why a snow job works. Misgivings after an easy win. You are my opponent and I reject your offer as a trick to try to fool me. Failure to abandon sunk costs. Choose... Projection Winner's curse Self-serving bias Halo effect . Law of small numbers Choose... . Endowment effect Choose

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