The psychological bias known as illusion of control refers to
A. a decision bias influenced by the way in which a problem or decision alternative is phrased or presented.
B. a belief that one can influence events even when one has no influence over what will happen.
C. a bias weighting short-term costs and benefits more heavily than longer-term costs and benefits.
D. a condition that occurs when a decision-making group loses sight of its original goal and a new, less important
goal emerges.
E. a phenomenon that occurs in decision making when group members avoid disagreement as they strive for
consensus.
Ans: B. a belief that one can influence events even when one has no influence over what will happen.
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