MCQOPTIONS
Saved Bookmarks
| 1. |
The jackpot on a gaming machine has not 'dropped' for several weeks. Believing that the payout is imminent, a gambler feeds coins steadily to the machine. What does this behavior illustrate? |
| A. | Escalation of commitment |
| B. | A display of overconfidence |
| C. | Decision making under uncertainty |
| D. | Changing subjective probabilities |
| Answer» B. A display of overconfidence | |