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Justin1218 Justin1218
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3 years ago
Claude and Marie are excited because they have just bought a restaurant from the previous owners. The two partners know that the last seven restaurants that have been operated at that location have gone bankrupt within a year of their openings, but Claude and Marie are certain their restaurant will be successful because they plan on working hard to be a success. What are the two new business partners doing in this case?


supporting the gambler's fallacy

demonstrating the confirmation bias

ignoring base rates

showing belief perseverance
Textbook 
Psychology: Themes and Variations

Psychology: Themes and Variations


Edition: 5th
Authors:
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gangleaderyayaegangleaderyayae
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3 years ago
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