1. When she traveled to Australia on business recently, Cori assumed the weather would be the same as her home in New York. She soon found out it was winter in Australia.
2. Trinity tried a new sales technique with a new client. It worked! She now assumes that this technique will also work with all of her current clients.
3. After finally deciding on what new car to buy, Declan told his friends and colleagues about it, but disregarded the things said by friends who didn’t like the model he chose.
4. Zion took his older car to a mechanic and had his transmission rebuilt (a somewhat costly repair). The next week, his brakes quit working. Instead of trading the car in, he put in new brakes as well, since he had already fixed the transmission.
5. Nishka was looking at buying a new car. After seeing the sticker prices on really expensive models, the lower cost models looked even more attractive!
6. After a couple of weeks in his class in corporate finance, Milo decided he should be able to do just as good of a job at making investment decisions as his broker.
7. A new company offering office supplies opened up and Sai decided to try the new vendor, not knowing if their service would be any good. After a few months of good service, Sai looked back and felt he knew he had picked a winner all along.
8. When she was looking at leasing a new car, Rosa noticed that the car salesman focused more on the monthly payment than on the overall cost of the lease versus buying it outright.

Types of bias or heuristics	Answer (A to H)
Anchoring and adjustment bias
Confirmation bias
Overconfidence bias
Availability bias (heuristics)
Framing bias
Hindsight bias
Sunk-cost bias
Representative bias (heuristics)

Answer rating: 100% (QA)

The types of bias or heuristics in the given scenarios are Cori Availability bias Trinity Confirmation bias Declan Anchoring and adjustment bias Zion ... View the full answer