Cognitive Bias Survey: Representativeness & Availability Heuristics

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10 Questions

You are considering purchasing a new smartphone. The salesperson informs you that Phone A has a longer battery life and a more durable build, while Phone B offers a higher resolution camera and a faster processor. Which smartphone do you choose?

Phone B

You are planning a vacation and have to choose between two destinations: Destination A, known for its beautiful beaches and warm climate, and Destination B, known for its rich cultural heritage and historical sites. Which destination do you choose?

Destination A

You are selecting a new laptop. Laptop A is described as having longer battery life, while Laptop B is known for its lightweight design and faster processing speed. Which laptop do you choose?

Laptop B

You are considering investing in two stocks. Stock A has shown consistent growth over the past few years, while Stock B is from a company with a strong brand reputation but has recently faced some financial challenges. Which stock do you invest in?

Stock A

You are choosing a restaurant for a special occasion. Restaurant A has received numerous awards for its culinary excellence, while Restaurant B is known for its unique ambiance and exceptional service. Which restaurant do you choose?

Restaurant A

You are considering buying a new car. Car A is known for its top safety ratings and advanced driver-assistance features, while Car B is popular for its sleek design and high-performance engine. Which car do you choose?

Car A, as safety is the top priority when choosing a car

You are selecting a new smartphone. Phone A has a larger storage capacity and longer battery life, while Phone B has a better screen resolution and faster processor. Which smartphone do you choose?

Phone B, as screen resolution and processor speed are more critical for overall smartphone experience

You are deciding between two job offers. Job A offers a higher salary but requires longer working hours, while Job B offers a moderate salary with regular working hours. Which job do you choose?

Job A, as higher salary often indicates better career prospects

You are planning a vacation and have to choose between two destinations: Destination A, known for its adventurous outdoor activities and scenic landscapes, and Destination B, known for its luxurious resorts and relaxing beaches. Which destination do you choose?

Destination B, as luxurious resorts provide better relaxation and comfort

You are considering investing in two mutual funds. Fund A has shown consistent growth over the past few years, while Fund B is from a company with a strong brand reputation but has recently faced some financial challenges. Which fund do you invest in?

Fund B, as strong brand reputation is more important than recent financial challenges

Study Notes

Smartphone Choice

  • Phone A has a longer battery life and a more durable build
  • Phone B offers a higher resolution camera and a faster processor

Vacation Destination

  • Destination A is known for its beautiful beaches and warm climate
  • Destination B is known for its rich cultural heritage and historical sites

Laptop Selection

  • Laptop A has longer battery life
  • Laptop B is known for its lightweight design and faster processing speed

Stock Investment

  • Stock A has shown consistent growth over the past few years
  • Stock B is from a company with a strong brand reputation but has recently faced some financial challenges

Restaurant Choice

  • Restaurant A has received numerous awards for its culinary excellence
  • Restaurant B is known for its unique ambiance and exceptional service

Car Purchase

  • Car A is known for its top safety ratings and advanced driver-assistance features
  • Car B is popular for its sleek design and high-performance engine

Smartphone Selection

  • Phone A has a larger storage capacity and longer battery life
  • Phone B has a better screen resolution and faster processor

Job Selection

  • Job A offers a higher salary but requires longer working hours
  • Job B offers a moderate salary with regular working hours

Vacation Destination

  • Destination A is known for its adventurous outdoor activities and scenic landscapes
  • Destination B is known for its luxurious resorts and relaxing beaches

Mutual Fund Investment

  • Fund A has shown consistent growth over the past few years
  • Fund B is from a company with a strong brand reputation but has recently faced some financial challenges

This survey sample consists of 20 multiple-choice questions designed to assess the presence of framing bias using the concepts of Representativeness & Availability Heuristics. Each question presents a case study or scenario for respondents to analyze and choose the most fitting response. The correct answers are provided for each question.

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