General Studies · Decision Making
Identify the cognitive bias in decision-making where historical, unrecoverable investments heavily and irrationally influence current choices.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Overconfidence Bias
- 2Sunk Cost Fallacy✓
- 3Anchoring Bias
- 4Confirmation Bias
Correct answer
Sunk Cost Fallacy
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