Answered: 8. Explain how overconfidence, belief…

8. Explain how overconfidence, belief perseverance, self-serving bias, and cognitive dissonance play a role in making decisions and judgments

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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8. Explain how overconfidence, belief perseverance, self-serving bias, and cognitive dissonance play a role in making decisions and judgments.

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