Term Paper Part 1
Instructions
Create the Term Proposal, do ONLY PART 1 which is on the term paper instructions. I've attached the readings as well.
Answer
Research ProposalThe world has been experiencing numerous epidemics in its history. However, nothing is comparable to COVID-19 in the contemporary world. The pandemic has impacted various global operations. The most interesting segment of the disease concerns conflicting analysts opinions on the effect of the disease and other critical information.The best theory to explain the conflicting analyst opinions is biased assimilation. Amos Tversky and Daniel Kahneman (2007) looked into biases that are evident with the heuristics principles applied in uncertain events. COVID-19 has been subjected to various ideas by the analysts because of the inability of scientists to predict the correct outcome. This research proposal will focus on the biases of the three heuristics: representativeness, avail...
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