Question

Eileen had provided the weekly inventory report to the management team every Friday for the past four months, but she wasn't able to generate the report last week because she was attending a seminar learning how to use the new inventory software. Her boss sent her an e-mail reminding her of the importance of the report and asking her to be sure and submit it every Friday. This is an example of _____.

the sunk-cost bias
the Delphi technique
predictive modeling
the availability bias

Answer 1

This situation is an example of the availability bias, where the boss's reminder to submit the weekly inventory report is influenced by the most recent event of Eileen missing the report.

Step-by-step explanation:

This situation is an example of the availability bias. The availability bias refers to the tendency to evaluate new information based on the most recent or most easily recalled examples. In this case, the boss reminded Eileen of the importance of the weekly inventory report after she missed submitting it due to attending a seminar.

The boss's reminder is influenced by the availability bias, as the recent event of Eileen not submitting the report is more easily recalled and influences the boss's decision.