Asked by
Aaron Weyant Jr
on Nov 25, 2024
Verified
The availability heuristic refers to people purchasing what is most easily accessible.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
- Identify and comprehend cognitive biases including the self-serving bias, endowment effect, and availability heuristic, and their impacts on actions.
Verified Answer
EJ
Learning Objectives
- Identify and comprehend cognitive biases including the self-serving bias, endowment effect, and availability heuristic, and their impacts on actions.
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